Japan econmin: No need for new stimulus package for economy

TOKYO, Aug 14 (Reuters) - Japanese Economy Minister Toshimitsu Motegi said on Monday he saw no need now to compile a new stimulus package for the economy given the strength in private consumption and capital expenditure.

"Consumption and capital expenditure are very strong, and they make up most of domestic demand. As a whole, we saw good figures today," Motegi told reporters after the release of Japan's April-June gross domestic product (GDP) data. (Reporting by Leika Kihara and Tetsushi Kajimoto; Editing by Chang-Ran Kim)