Japan-economy: Q2 expansion outpaces estimates; output avoids recession
Japan's economy demonstrated resilience in the April-June quarter, achieving 0.3% growth despite US tariff pressures. This positive performance, exceeding market expectations, was fueled by robust exports and a narrower trade deficit. While offering relief to Prime Minister Ishiba, economists caution about future risks from global trade tensions and potential impacts on the auto sector.
Japan's economy demonstrated resilience in the April-June quarter, achieving 0.3% growth despite US tariff pressures. This positive performance, exceeding market expectations, was fueled by robust exports and a narrower trade deficit. While offering relief to Prime Minister Ishiba, economists caution about future risks from global trade tensions and potential impacts on the auto sector. What's Your Reaction?
