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2026/10/13
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Latest News:
High Committee Approves Methodology for Updating and Developing National Disability Strategy for 2027–2032
Ministry of Agriculture Signs MoU with WFP to Boost Food Security in Yemen
Minister of Planning Seeks WB's Support for Economic Stability, Electricity Projects
Houthis Shell Taiz, Injuring 17 Civilians and Damaging Seven Homes
Yemeni Rights Network Documents 43 Houthi Violations in Taiz in 24 Hours
Japan's economy grows 2.8 percent
[17/02/2025 06:40]
TOKYO-SABA
Japan's economy grew 2.8 percent year-on-year from October to December.
Official data showed today, Monday, that nominal Gross Domestic Product (GDP), which shows the size of the economy at current prices, reached 609.29 trillion yen (£4.01 trillion), surpassing the 600 trillion yen barrier for the first time on a calendar year basis in 2024.
Real GDP, adjusted for inflation and showing the total value of goods and services produced, grew by 0.1 percent, marking the fourth consecutive annual gain, but the pace of growth slowed sharply from 1.5 percent in 2023 as Japanese households struggled to cope with the rising cost of living without significant gains in real wages.
Japan's economy grew 2.8 percent year-on-year from October to December.
Official data showed today, Monday, that nominal Gross Domestic Product (GDP), which shows the size of the economy at current prices, reached 609.29 trillion yen (£4.01 trillion), surpassing the 600 trillion yen barrier for the first time on a calendar year basis in 2024.
Real GDP, adjusted for inflation and showing the total value of goods and services produced, grew by 0.1 percent, marking the fourth consecutive annual gain, but the pace of growth slowed sharply from 1.5 percent in 2023 as Japanese households struggled to cope with the rising cost of living without significant gains in real wages.
Key words:
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