Japan's economy expands annualised 2.1% in Q1, above forecast

Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST Tap here to return to FAST
FAST

TOKYO, May 19 : Japan's economy grew an annualised 2.1 per cent in the first quarter, government data showed on Tuesday, compared with the median market forecast for a 1.7 per cent gain.

The growth in gross domestic product (GDP) translated into a quarterly increase of 0.5 per cent, which compared with the median estimate for a 0.4 per cent rise.

Newsletter

Week in Review

Subscribe to our Chief Editor’s Week in Review

Our chief editor shares analysis and picks of the week's biggest news every Saturday.

Sign up for our newsletters

Get our pick of top stories and thought-provoking articles in your inbox

Subscribe here

Get the CNA app

Stay updated with notifications for breaking news and our best stories

Download here

Get WhatsApp alerts

Join our channel for the top reads for the day on your preferred chat app

Join here