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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.


Korea's Travel Account Posts Surplus for 3rd Month in Row
Oil price tops $100 a barrel
Italy budget deficit at 3 percent
Oil rises as markets assess supply risks
Italian Industrial production falls 0.6 percent
Korea large companies' exports rise 10 percent
China's foreign exchange reserves rise to $3.3991 trillion
S. Korea's exports rise 33.9 percent in January
Japan's LNG imports down 1.4 percent
Public debt in Germany rises 2.1 percent

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