OUTPUT, DEMAND AND JOBS

OUTPUT, DEMAND AND JOBS Japan's GDP grew by 1.0% in the second quarter, a stronger rise than expected. The year-on-year increase edged up to 0.8%. Australia's GDP growth slowed to 4.7% in the year to the second quarter. Germany's 12-month growth in industrial production picked up to 5.5% in July. In the same month, Britain's unemployment rate fell again, to 5.3%.