US EditionJapan's economy shrinks annualised 0.7% in Jan-March
- Japan's economy contracted by an annualized 0.7% in the first quarter of 2025, marking the first shrinkage in a year.
- The contraction exceeded forecasts of a 0.2% decline and followed weakening export demand predating recent US tariffs.
- The US imposed 24% tariffs on Japanese goods and 25% on cars starting in July, adding uncertainty to Japan's export-reliant economy.
- Exports fell 0.6% annually while private consumption remained flat, with the GDP deflator rising 3.3%, indicating cost pressures.
- Analysts warned the economy remains vulnerable to trade shocks and aging demographics, urging possible fiscal stimulus amid recession risks.
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46 Articles
On Friday, the Japanese Ministry of Economic Affairs announced a surprising slump in the economy of the world's fifth largest economy. According to the Ministry ... The post Japan's debt disaster could also threaten Germany in the future appeared first on Apollo News.
In the first three months of the year, the second Asian economy contracted more than expected: -0.7% compared to the same period of 2024
The Japanese economy shrank 0.7 percent in the first quarter of this year, the first decline in a year and at a faster pace…
Japan’s GDP Shrinks Annualized 0.7％ in Jan.-March; U.S. Tariff Impact Feared to Extend Drop in April-June
Japan’s inflation-adjusted real gross domestic product shrank 0.2% in January-March 2025 from the previous quarter after seasonal adjustment, the Cabinet Office said Friday in a preliminary estimate.
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