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Japan GDP Adds 0.6% On Quarter In Q4
(RTTNews) - Japan's gross domestic product expanded a seasonally adjusted 0.6 percent on quarter in the fourth quarter of 2024, the Cabinet Office said in Tuesday's second preliminary estimate.
That was down from the first estimate for a 0.7 percent increase but still up from 0.3 percent in the three months prior.
On an annualized basis, GDP was up 2.2 percent - down from 2.8 percent in the first estimate but up from 1.2 percent in the third quarter.
Capital expenditure was up 0.6 percent on quarter, beating forecasts for 0.5 percent after slipping 0.1 percent in the previous quarter.
External demand was up 0.7 percent on quarter, while private consumption was flat.
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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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