Newly released GDP figures show Japan's economy expanded for the first time in two quarters in the three months through June. The Cabinet Office said on Thursday that preliminary data shows gross domestic product grew by an annualized 3.1 percent in real terms in the April-to-June period from the previous quarter, according to Japan's broadcaster (NHK World). Private consumption rose 1.0 percent, the first increase in five quarters. That was due to a recovery in car sales, among other things, after the ending of a suspension of production by some automakers over irregularities in government certification procedures. Capital investment increased by 0.9 percent, and housing investment was up by 1.6 percent. Exports grew by 1.4 percent. Source: Qatar News Agency
- Business
Japan’s Economy Expanded in Two Quarters in April-June Period
Popular News
Final Group of Hajj Guests Arrives in Madinah
October 5, 2026
KSrelief and Djiboutian Ambassador Discuss Humanitarian Efforts
October 5, 2026
Self-Driving Delivery Service Pilot Launched in Riyadh
October 5, 2026
World Teachers’ Day Celebrated for Empowering Educators
October 5, 2026
Saudi and Russian Ambassadors Discuss Mutual Interests in Cairo
October 5, 2026
5.0-Magnitude Earthquake Hits Tonga Islands
October 5, 2026
KSrelief Completes Volunteer Medical Project in Nigeria
October 5, 2026