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- Japan's GDP grew in the second quarter by 0.2%
Japan's GDP grew in the second quarter by 0.2%
According to data released today by the Institute of Economic and Social Research of Japan, GDP grew in the second quarter 0.2% compared to the first quarter. It is worth noting that the majority of economists expected Japan's economy flat. Year-on-year figure was also up by 0.7%. Positive impact on the growth of the economy has had an extension of inventory, increase public investment and improvement in the investment data.
It is worth noting that over the past two years the growth rate of Japan's GDP is constantly alternating recession and growth and only in this quarter for the first time in more than a year we have seen an increase in 2 quarters in a row.
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