The Japanese economy contracted a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Cabinet Office said on Friday - missing expectations for a decline of 0.1 percent following the 0.6 percent gain in the three months prior.
On an annualized basis, GDP was down 0.7 percent - again missing forecasts for a drop of 0.2 percent following the upwardly revised 2.4 percent increase in the previous quarter (originally 2.2 percent).
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