日本四季度GDP仅微增0.1%

Core Viewpoint - Japan's GDP growth in Q4 was only 0.1%, falling short of the expected 0.4%, indicating a weaker economic recovery than anticipated [1] Economic Performance - Japan's GDP is projected to contract by 0.2% in 2024 and grow by 1.1% in 2025 [1] - The previous quarter's GDP was revised down from -0.6% to -0.7% [1] - Year-on-year, Japan's output growth for Q4 2025 is expected to be 0.2%, significantly lower than the anticipated 1.6% [1] - The previous quarter's output saw a decline of 2.3% [1] Market Reactions - Following the data release, the Nikkei 225 index opened up by 0.12% [1] - The Japanese yen depreciated by 0.25% against the US dollar [1] Economic Insights - Economist Maeda from Meiji Yasuda noted that the latest data shows insufficient momentum for economic recovery, with consumption, capital expenditure, and exports not meeting expectations [1] - Shinichiro Kobayashi, chief economist at Mitsubishi UFJ Research and Consulting, stated that central bank interest rate hikes are unlikely to lead to economic stagnation, emphasizing the Bank of Japan's focus on controlling inflation [1]