Group 1 - Japan's economy showed unexpected resilience in Q2, with GDP growth at an annualized rate of 1.0%, significantly above economists' expectations of 0.4% [1][2] - The first quarter's GDP was revised from a contraction to a growth of 0.6% [1] - Year-on-year GDP growth for Q2 was 1.2%, down from 1.8% in Q1 [1] Group 2 - Domestic demand was the main driver of the strong performance, with corporate investment rising by 1.3%, exceeding the expected 0.7% [4] - Private consumption, which accounts for nearly 60% of the economy, increased by 0.2%, supported by robust wage growth from this year's salary negotiations [4] Group 3 - Net exports contributed 0.3 percentage points to economic growth, with actual export values increasing by 2% despite higher tariff barriers [5] - Inbound tourism also bolstered net exports, with foreign tourist spending in Japan rising by 18% [5] Group 4 - The strong GDP data supports the Bank of Japan's path towards policy normalization, with expectations of potential interest rate hikes in the near future [6] - Approximately 42% of economists anticipate action from the Bank of Japan in October, despite expectations to maintain rates in the upcoming September meeting [6]
1.2%！日本二季度GDP超预期增长
Hua Er Jie Jian Wen·2025-08-15 01:56