بنكي | second quarter of the year

Japan’s Economy Exceeds Expectations with 0.5% Growth in Q2 and Significant Rise in Bank Lending

During the second quarter of the year, the Japanese economy delivered a stronger performance than anticipated, with gross domestic product GDP expanding by 0.5% compared to the previous quarter. This growth reflects an improvement in overall economic activity, after earlier estimates had pointed to a rate of no more than 0.3%, the same pace recorded in the first quarter.