日本经济2025年第四季度录得微弱增长 高市早苗谋求更积极财政支出

Core Viewpoint - Japan's economy showed only slight growth in Q4 2025, reversing a significant contraction from the previous quarter, which supports Prime Minister Fumio Kishida's rationale for implementing aggressive fiscal spending policies [1] Economic Performance - Japan's real GDP grew at an annualized rate of 0.2% in the three months ending December, falling short of economists' median forecast of 1.6% [1] - Consumer spending, the largest component of GDP, increased by 0.1%, indicating weak domestic demand as households continue to cope with inflation exceeding the Bank of Japan's 2% target for four consecutive years [1] - Capital spending rose by 0.2%, reflecting some investment activity despite overall economic challenges [1] Economic Recovery Insights - The data released on February 16 highlights the uneven nature of economic recovery, with growth lacking strong driving forces aside from one-off factors [1] - Signs of economic weakness are unlikely to deter the Bank of Japan from raising the benchmark interest rate later in 2026 [1]