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Asian Economic News

Japan GDP Gains 0.7% In Q2

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Japan's gross domestic product expanded a seasonally adjusted 0.7 percent on quarter in the second quarter of 2024, the Cabinet Office said on Monday.

That was shy of expectations for an increase of 0.8 percent, which would have been unchanged from the previous three months.

On an annualized basis, GDP rose 2.9 percent - again missing forecasts for 3.1 percent, which again would have been unchanged.

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