US Edition
Japan's economy shrinks annualised 0.7% in Jan-March
- Japan's economy contracted by an annualized 0.7% in the first quarter of 2025, marking the first shrinkage in a year.
- The contraction exceeded forecasts of a 0.2% decline and followed weakening export demand predating recent US tariffs.
- The US imposed 24% tariffs on Japanese goods and 25% on cars starting in July, adding uncertainty to Japan's export-reliant economy.
- Exports fell 0.6% annually while private consumption remained flat, with the GDP deflator rising 3.3%, indicating cost pressures.
- Analysts warned the economy remains vulnerable to trade shocks and aging demographics, urging possible fiscal stimulus amid recession risks.
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In the first three months of the year, the second Asian economy contracted more than expected: -0.7% compared to the same period of 2024
·Milan, Italy
Read Full ArticleThe Japanese economy shrank 0.7 percent in the first quarter of this year, the first decline in a year and at a faster pace…
·Netherlands
Read Full ArticleJapan’s GDP Shrinks Annualized 0.7％ in Jan.-March; U.S. Tariff Impact Feared to Extend Drop in April-June
Japan’s inflation-adjusted real gross domestic product shrank 0.2% in January-March 2025 from the previous quarter after seasonal adjustment, the Cabinet Office said Friday in a preliminary estimate.
·Japan
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Total News Sources46
Leaning Left5Leaning Right6Center14Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 20%
C 56%
R 24%
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