Japan’s economy notches 1.1% growth rate as spending dips 1.2% and PM sinks in polling
Japan’s economy notches 1.1% growth rate as spending dips 1.2% and PM sinks in polling
Japan’s economy grew an annual rate of 1.1% in the April-June quarter even as private consumption stayed flat and the growth of exports declined, according to government data released Monday.
Japan’s real GDP, or gross domestic product, the sum value of nation’s goods and services, grew at a seasonally adjusted rate of 0.3% from the first quarter to second quarter of this 2026, according to Cabinet Office data.
The annualized rate shows what the growth rate would have been if it had continued for a whole year. It was 2.1% in the January-March period.
Private spending dipped 1.2% in April-June compared to January-March, while exports grew 0.5%.
Exports for the latest period were driven by the........
