Economy

Japan's Economy Shows Modest Growth in Q3, Surpassing Expectations

Japan's GDP Growth Exceeds Forecasts

According to the latest release by Japan's Cabinet Office, the country's gross domestic product (GDP) experienced a 0.3% increase in the third quarter compared to the second quarter. This growth translates to a 1.2% yearly rise, surpassing market expectations.

Private Consumption and Domestic Demand also showed positive signs, with private consumption rising by 0.7% and domestic demand growing by 0.6% compared to the previous quarter.