凯投宏观：日本第四季度GDP增长疲软可能刺激进一步的财政宽松

Core Viewpoint - Japan's fourth-quarter GDP growth is weak, which may lead to further fiscal easing measures by the government [1] Economic Indicators - Preliminary data for the fourth quarter shows that corporate investment increased by only 0.2% quarter-on-quarter, net exports remained flat, and public demand decreased by 0.2% [1] - The large supplementary budget passed at the end of November has not yet boosted public spending in the previous quarter [1] Government Response - Weak economic activity increases the likelihood that Prime Minister Fumio Kishida will not only push for a suspension of the consumption tax on food but also formulate a supplementary budget for the first half of the fiscal year starting in April, rather than waiting until the end of 2026 [1]