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The Japanese economy expands 0.7% in the fourth quarter, exceeding expectations


Trade and residential buildings in the sunset in Tokyo, in the Japanese mino district.

Bloomberg | Bloomberg | Getty Images

The economic expansion of Japan exceeded quarter-on-quarter expectations in the fourth quarter and exceeded the expectations of annual growth, showing preliminary government data on Monday.

GDP rose by a quarter of 0.7% in the quarter, More than 0.3% increase by reuters who are expected by eliminated economists. Revised expanded 0.4% in the previous quarter.

On the annual annual, GDP rose by 2.8%, exceeding 1% estimate by Reuters.

The Japanese economy rose by 1.2% in the fourth quarter, compared to 0.6% in the third quarter.

A Nikkei 225 It fell by 0.29% after the data release, and Yen strengthened 0.2% to trade against $ 152.02. “

On Monday, GDP data is 0.5% of Japanese central banks, reaching 0.5% from the higher level, and offers more money to tighten money.

In December, home-to-house costs also had a case of tightening money, rising in real years of 2.7% year-on-year, exceeding the expectations of Eject economists by Reuters and marking the first rise in July 2024.

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