Japan Q4 2024 GDP expands 2.8% in real terms; surprising on the upside by wide margin

Japan's Q4 2024 GDP expands 2.8% in real terms based on preliminary data, exceeding estimates of 0.7% by a wide margin.

Q4 growth is driven by strong overseas exports and increased domestic capital investment in semiconductor manufacturing equipment.

For the whole of 2024, real GDP expanded by 0.1%, a fourth consecutive year of growth.

 



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