A: Hey there! Did you catch the latest news?
B: Nope, what's going on?
A: Well, Japan's economy grew at a rate of 1% over the last three months! That's five quarters in a row now.
B: Whoa, that's great! But isn't that just a temporary report?
A: Exactly! A preliminary report was released on Friday. The real GDP grew by 0.3% quarter-on-quarter and works out to be 1% annually.
B: That sounds positive! Did they revise anything from the first quarter data?
A: Yeah, they actually upgraded the overall GDP data for the first quarter. They now say there was a small contraction instead of the earlier estimate that showed a bigger one.
B: Interesting... So, what's driving this growth?
A: Well, private consumption grew by 0.2%, corporate investments expanded by 1.3%, and housing investments rose by 0.8%.
B: And exports? How did they fare despite the higher tariffs from the US?
A: Surprisingly well! Exports were actually up by 2% during that period. So, despite the tariffs, Japan's doing alright.
----------------
Japan's economy grew at an annualized rate of 1.0 percent from April to June, marking the fifth straight quarterly expansion.
A preliminary report released by the Cabinet Office on Friday showed quarter-on-quarter growth of 0.3 percent in adjusted real gross domestic product. The annualized figure works out to 1.0 percent.
The Cabinet Office also revised upward overall GDP data for the first quarter from an earlier estimate that showed a contraction.
The latest data says private consumption, which accounts for more than half of the country's GDP, grew 0.2 percent from the previous quarter.
Corporate capital investment expanded 1.3 percent, and housing investment rose 0.8 percent.
Observers say exports were up 2.0 percent, despite higher tariffs from the United States coming into effect during the period.
----------------
Quiz 1:
Question text: What was Japan's annualized rate of economic growth from April to June?
A. -1.0%
B. 1.0%
C. 0.3%
D. 2.0%
Quiz 2:
Question text: How did the Cabinet Office revise overall GDP data for the first quarter compared to the earlier estimate?
A. They reduced it further
B. They left it unchanged
C. They slightly increased it
D. They dramatically decreased it
Quiz 3:
Question text: Which of the following was NOT a contributor to Japan's GDP growth in the second quarter?
A. Private consumption
B. Corporate capital investment
C. Housing investment
D. Exports
[Answer block]
Answers:
Quiz 1: B
Quiz 2: C
Quiz 3: D
B: Nope, what's going on?
A: Well, Japan's economy grew at a rate of 1% over the last three months! That's five quarters in a row now.
B: Whoa, that's great! But isn't that just a temporary report?
A: Exactly! A preliminary report was released on Friday. The real GDP grew by 0.3% quarter-on-quarter and works out to be 1% annually.
B: That sounds positive! Did they revise anything from the first quarter data?
A: Yeah, they actually upgraded the overall GDP data for the first quarter. They now say there was a small contraction instead of the earlier estimate that showed a bigger one.
B: Interesting... So, what's driving this growth?
A: Well, private consumption grew by 0.2%, corporate investments expanded by 1.3%, and housing investments rose by 0.8%.
B: And exports? How did they fare despite the higher tariffs from the US?
A: Surprisingly well! Exports were actually up by 2% during that period. So, despite the tariffs, Japan's doing alright.
----------------
Japan's economy grew at an annualized rate of 1.0 percent from April to June, marking the fifth straight quarterly expansion.
A preliminary report released by the Cabinet Office on Friday showed quarter-on-quarter growth of 0.3 percent in adjusted real gross domestic product. The annualized figure works out to 1.0 percent.
The Cabinet Office also revised upward overall GDP data for the first quarter from an earlier estimate that showed a contraction.
The latest data says private consumption, which accounts for more than half of the country's GDP, grew 0.2 percent from the previous quarter.
Corporate capital investment expanded 1.3 percent, and housing investment rose 0.8 percent.
Observers say exports were up 2.0 percent, despite higher tariffs from the United States coming into effect during the period.
----------------
Quiz 1:
Question text: What was Japan's annualized rate of economic growth from April to June?
A. -1.0%
B. 1.0%
C. 0.3%
D. 2.0%
Quiz 2:
Question text: How did the Cabinet Office revise overall GDP data for the first quarter compared to the earlier estimate?
A. They reduced it further
B. They left it unchanged
C. They slightly increased it
D. They dramatically decreased it
Quiz 3:
Question text: Which of the following was NOT a contributor to Japan's GDP growth in the second quarter?
A. Private consumption
B. Corporate capital investment
C. Housing investment
D. Exports
[Answer block]
Answers:
Quiz 1: B
Quiz 2: C
Quiz 3: D
Similar Readings (5 items)
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Japan's GDP grows for second successive quarter
Japan's GDP expanded for first time in two quarters in April-June period
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Japan GDP grows in April-June as exports recover
Summary
Japan's economy expanded at an annualized rate of 1.0% in Q2, marking the fifth consecutive quarterly growth. The preliminary report shows a 0.3% quarter-on-quarter increase in real GDP, with revisions to first quarter data showing a smaller contraction than initially estimated. Key drivers of
Statistics
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ID: eef996b5-1595-4010-b50b-706489140761
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20250815_06/
Date: Aug. 15, 2025
Created: 2025/08/16 07:02
Updated: 2025/12/08 03:02
Last Read: 2025/08/16 14:49