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Japan GDP Jumps 3.5% On Year In Q2
(RTTNews) - Japan's gross domestic product expanded an annualized 3.5 percent on year in the second quarter of 2022, the Cabinet Office said on Thursday - beating expectations for a gain of 2.9 percent and up from 0.1 percent in the previous three months.
On a seasonally adjusted quarterly basis, GDP climbed 0.9 percent - again beating forecasts for 0.7 percent following the flat reading in the three months prior.
Capital expenditure was up 2.0 percent on quarter, beating forecasts for an increase of 1.8 percent after contracting 0.7 percent in Q1.
External demand rose 0.1 percent on quarter versus expectations for a flat reading after falling 0.5 percent in the previous quarter.
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Japan Household Spending Sinks 0.5% On Year In February
The average of household spending in Japan was down 0.5 percent on year in February, the Ministry of Internal Affairs and Communications said on Friday - standing at 290,511 yen.
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Japan Manufacturing Sector Continues To Stagnate
The manufacturing sector in Japan continued to contract in March, and at a faster pace, the latest survey from Jibun Bank revealed on Tuesday with a manufacturing PMI score of 48.4.
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Japan Industrial Output +2.5% On Month In February
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Japan Producer Prices Unchanged In February
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BoJ Minutes: Japan Economic Activity Developing As Expected
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Japan Manufacturing PMI Weakens Further In March - Jibun
The manufacturing sector in Japan continued to contract in March, and at a faster pace, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 48.3.
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vor 11 Tagen
