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Japan GDP Climbs 0.7% On Quarter In Q1
(RTTNews) - Japan's gross domestic product expanded a seasonally adjusted 0.7 percent on quarter in the first three months of 2023, the Cabinet Office said on Thursday.
That beat forecasts for an increase of 0.4 percent following the flat reading in the three months prior.
On an annualized basis, GDP climbed 2.7 percent on year - also topping expectations for a gain of 1.6 percent following the 0.1 percent rise in the previous three months.
Capital expenditure was up 1.4 percent on quarter, beating forecasts for a gain of 0.9 percent after sinking 0.5 percent in the previous quarter.
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Japan GDP Slips 0.2% On Quarter In Q1
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.
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Japan Producer Prices Rise 0.2% In April
Producer prices in Japan were up 0.2 percent on month in April, the Bank of Japan said on Wednesday - slowing from 0.4 percent in March.
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Japan Posts Y3.678 Trillion Current Account Surplus
Japan saw a current account surplus of 3.678 trillion yen in March, the Ministry of Finance said on Monday - up 6.7 percent on year.
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Japan Overall Bank Lending Slows To 2.4% In April
The value of overall bank lending in Japan slowed for the second straight month, rising just 2.4 percent on year to 636.545 trillion yen, the Bank of Japan said on Monday.
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Japan Household Spending Rises 2.1% On Year In March
The average of household spending in Japan was up 2.1 percent on year in March, the Ministry of Internal Affairs and Communications said on Friday - coming in at 290,511 yen.
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Japan Monetary Base Sinks 4.8% On Year In April
The monetary base in Japan was down 4.8 percent on year in April, the Bank of Japan said on Friday - coming in at 656.977 trillion yen.
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Japan Jobless Rate Ticks Up To 2.5% In March
The unemployment rate in Japan came in at a seasonally adjusted 2.5 percent in March, the Ministry of Internal Affairs and Communications said on Friday.
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Bank Of Japan Retains Rate As Expected; Cuts Growth Outlook Amid Tariff Uncertainty
The Bank of Japan left its interest rate unchanged for the second consecutive meeting on Thursday, and downgraded its growth projections citing trade tariff threats. The policy board decided, by a unanimous vote, to hold the uncollateralized overnight call rate to remain at around 0.50 percent. This was the highest level since the global financial crisis in 2008.
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