Japan\'s Economy Grows 0.4% Avoiding Recession

Published: 11 March 2024 at 05:12

Finance & Economics

Japan\'s economy narrowly avoided recession as gross domestic product (GDP) grew 0.4% in the fourth quarter of 2023, up from earlier contraction estimates. Despite struggles, Japan remains the world\'s fourth-largest economy and may see the Bank of Japan end negative interest rates. The stock market is performing well due to a cheap yen and corporate reforms. Private consumption fell 0.3%, and there are concerns about potential economic contractions in the current quarter due to various factors.

$Japan\'s Economy Grows 0.4% Avoiding Recession$ $Japan\'s Economy Grows 0.4% Avoiding Recession$ $Japan\'s Economy Grows 0.4% Avoiding Recession$

SOURCES

Japan avoids recession after quarterly economic growth data is revised up | CNN Business

Reuters

Japan avoids technical recession as economic growth figures revised

https://www.facebook.com/bbcnews

Japan’s economy narrowly avoids recession as growth figures revised

Al Jazeera

Japan's economy avoids recession by growing in last year's final quarter, according to revised data

AP News