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Japan GDP Up Annualized 1.0 Pct in April-June

Japan GDP Up Annualized 1.0 Pct in April-June

   Tokyo, Aug. 15 (Jiji Press)--Japan's gross domestic product in April-June grew at an annualized rate of 1.0 pct after price and seasonal adjustment, expanding for five straight quarters, the Cabinet Office said in a preliminary report Friday.
   The reading represents a 0.3 pct expansion on a nonannualized basis.
   Economists surveyed by Jiji Press had predicted a 0.4 pct annualized increase in the GDP, the value of goods and services produced within the country.
   In nominal terms, the GDP grew 1.3 pct in the second quarter of 2025 for an annualized rise of 5.1 pct.
   Private consumption increased 0.2 pct from the previous quarter in real terms, and corporate capital spending expanded 1.3 pct.

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AFP-JIJI PRESS NEWS JOURNAL


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