Japan's Q2 GDP expands at 1.4% annualized rate, exceeding forecasts
Source Summary
Japan's second-quarter gross domestic product expanded at an annualized rate of 1.4%, surpassing economist estimates. The result indicates continued economic growth for the world's third-largest economy.
Why it matters
Better-than-expected GDP growth demonstrates Japan's economic resilience and may influence monetary policy decisions by the Bank of Japan.
