Tag: japan economy

Japan’s economy grows more than expected on strong exports and moderate consumption

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Japan’s economy grows more than expected on strong exports and moderate consumption

This photo taken on February 15, 2025 shows a panoramic view of Tokyo’s cityscape and Tokyo Skytree. Japan’s economic growth slowed sharply in 2024, cabinet office data showed on February 17, although the rate for the fourth quarter beat market expectations thanks to strong exports. | Photo Credit: AFP Japan’s economy grew at a better-than-expected…

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World

Japan slips into recession; loses its spot as the world’s third-largest economy

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Japan slips into recession; loses its spot as the world’s third-largest economy

Japan’s economy is now the world’s fourth-largest after it contracted in the last quarter of 2023 and fell behind Germany. The government reported the economy shrank at an annual rate of 0.4% in October to December, according to Cabinet Office data on real GDP released on Thursday, though it grew 1.9% for all of 2023….

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Business

Japan slips to the world’s fourth-largest economy, behind the US, China and now Germany

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Japan slips to the world’s fourth-largest economy, behind the US, China and now Germany

The International Monetary Fund had forecast Japan’s fall to fourth.  | Photo Credit: AFP Japan has slipped to the world’s fourth-largest economy as government data released on January 15 showed it fell behind the size of Germany’s in 2023. The numbers highlight how the Japanese economy has gradually lost its competitiveness and productivity while the…

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Business