US EditionJapan’s economy grew at faster rate in fiscal Q1 than initially thought on healthy consumer spending
Japan's Q2 GDP growth revised to 2.2% annualized, driven by stronger private consumption and exports amid concerns over U.S. tariffs and political uncertainty after Prime Minister Ishiba's resignation.
- Japan's economy grew by 2.2% in the fiscal first quarter, surpassing the initial estimate of 1.0%, according to the Cabinet Office.
- Private consumption in Japan increased by 0.4%, better than the previous estimate of 0.2%, raising domestic demand growth to 0.2%.
- U.S. President Donald Trump raised tariffs on Japanese auto imports to 15%, causing concern for Japan's export-dependent economy.
- Political uncertainty increased after Prime Minister Shigeru Ishiba announced he is stepping down as head of the ruling party.
18 Articles
18 Articles
Japan's economy grows at faster rate in fiscal Q1 than initially thought on healthy consumer spending
Japan’s economy expanded at a stronger rate in the fiscal first quarter than previously estimated, despite worries about U.S. tariffs and domestic political uncertainty, according to government data released Monday. The Cabinet Office said Japan’s real gross domestic product, the sum value of a nation’s goods and services, grew at…
Japan's economy grew at faster rate in fiscal Q1
TOKYO, Japan — Japan’s economy expanded at a stronger rate in the fiscal first quarter than previously estimated, despite worries about US tariffs and domestic political uncertainty, according to government data released Monday. The Cabinet Office said Japan’s real gross domestic product, the sum value of a nation’s goods and services, grew at a seasonally adjusted 2.2 percent annualized rate in the April-June quarter from the previous quarter. …
Associated Press News
Japan's economy grew at faster rate in fiscal Q1 than initially thought on healthy consumer spending
Japan’s economy expanded at a stronger rate in the fiscal first quarter than previously estimated, despite worries about U.S. tariffs and domestic political uncertainty, according to government data.
Japan's economy grew at faster rate in fiscal Q1 than initially thought
Japan’s economy expanded at a stronger rate in the fiscal first quarter than previously estimated, despite worries about U.S. tariffs and domestic political uncertainty, according to government data
Japan revises Q2 GDP higher on brisk consumer spending
TOKYO: Japan’s economy expanded an annualised 2.2 per cent in the April-June period from the previous quarter, much faster than the preliminary reading, anchored by upward revision in consumption, government data showed on Monday. © New Straits Times Press (M) Bhd
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