Japan’s GDP Growth Imperils 2% Defense Spending Target
The growth of Japan’s GDP may sound like good news for the country, but it also means it will have to pay more to reach its target to spend 2% of GDP on defense, adding to the woes of a nation already under pressure from US President Donald Trump to boost its military output.
Japan GDP revised lower in Q4 amid flat private spending; Capex strong
The softer GDP print was driven chiefly by Q4 private consumption being revised down to flat from an initial reading showing 0.1% q-o-q growth. The print also slowed sharply from the prior quarter’s growth of 0.7%. But growth in capital expenditures was revised up slightly to 0.6% q-o-q from 0.5% q-o-q. Export growth remained steady at 0.7% q-o-q.
Japan’s economy expanded in the last quarter of 2024 at a slower pace than reported in preliminary data, giving the Bank of ...
Large companies including auto giant Toyota Motor concluded annual spring wage talks, with many saying they will fully meet ...
Japan’s has cut its estimate for its economic growth in the last quarter of the year to a 2.2% annual pace from 2.8% as ...
Market focus sharpens on BoJ forward guidance, US inflation, and trade policies. Will rate hikes or tariff risks influence ...
The return of inflation was meant to restore a more ‘normal’ economy. But it has been a bumpy ride for both consumers and ...
Global business leaders joined members from the Japan External Trade Organization (JETRO) on stage in New York on December 10 ...
TOKYO] Japan’s economy expanded in the last quarter of 2024 at a slower pace than reported in preliminary data, a result that ...
The Japanese economy grew at a slower pace than initially estimated in the October-December period, sending an unwelcome sign ...
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