Japan sees its growth accelerate at 0.3% in the second quarter

According to a first official estimate published Friday by the government. Nevertheless, the gross domestic product (GDP) of the world economy increased by 0.3% between April and June. Furthermore,

Japan experienced slight growth in the second quarter. For example, providing a welcome respite to the Japanese government in the period of strong doubts about the health of its economy, after months of uncertainty about customs duties imposed by the United States.

According to a first official estimate published Friday by the government. For example, the gross domestic product (GDP) of the world economy increased by 0.3% between April and June.

The GDP of the first quarter. which was contracted according to the first estimate published in May, raising fears of a technical recession – two consecutive quarters of contraction – for Japan, has experienced sluggish growth of 0.1% according to a japan sees its growth accelerate revised figure on Friday.

The consensus of economists surveyed by the Bloomberg agency had toured for the second quarter on a similar growth of 0.1%.

This growth in the second quarter stronger than STHEVE opens the way to an increase in rates of the. Banque du Japan (BOJ) by the end of the year.

The Boj had pointed out at the end of July the persistence of “great uncertainties” concerning the trade war between the archipelago. the United States, now the monetary status.

And this despite the agreement concluded last month with the Trump government. which plans to surcharge Japanese products exported to the United States at 15%, much less than the 25% of which the country was threatened.

Following the agreement. the BOJ noted on the sidelines at the end of July its growth forecast for the financial year 2025/26 which will end on March 31, 2026, at +0.6%. japan sees its growth accelerate It expects for the following two exercises at +0.7% then +1%.

“Although the Japanese economy continues to suffer from a stagnation of private consumption. no sign of marked economic slowdown is still perceptible despite the establishment of customs duties,” said Yoshiki Shinke of the Dai-Ithi Life Research Institute.

The country, long threatened by deflation, has faced a sustained increase in consumer prices since 2022. Japanese inflation was systematically greater than or equal to 3% since last December, culminating at 3.7% excluding fresh products in May, before descending in June to 3.3%.

Faced with this surge in prices. pulled in particular by a doubling of those of rice for a year, the Japanese have expressed their anger in the ballot boxes last month by sanctioning the democratic party (PLD) in power, which has now lost its majority in the two chambers of the Japanese Parliament.

Pressure to the resignation increases on japan sees its growth accelerate Prime Minister Shigeru Ishiba, who has so far denied rumors on this subject.