Japan's Economy Increased by 0.7 Percent, Beating Expectations

  • Japan
  • 17 February 2025
1

Japan's economy grew at a better-than-expected annual rate of 2.8 percent in the October-December period, driven by strong exports and moderate consumption.

The world's fourth-largest economy grew quarter-on-quarter by 0.7 percent to record its third straight quarter of growth, preliminary cabinet data showed. For 2024, Japan's economy recorded a slight 0.1 percent growth in seasonally adjusted GDP, which measures the value of the country's products and services.

Source (Al-Arabiya.net Website, Edited)

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