Business

Japan Q2 GDP expands 0.5% after Covid-19 curbs lifted: official data

Analysts say stronger consumption, capital investment contribute to growth

Updated 3 years ago · Published on 15 Aug 2022 8:16AM

Japan Q2 GDP expands 0.5% after Covid-19 curbs lifted: official data — The world's third largest economy has expanded in the three months leading to June by 0.5%. – AFP pic, August 15, 2022

TOKYO – Japan’s economy expanded in the three months to June, official data showed today, after the government lifted Covid-19 curbs on businesses.

The world’s third largest economy grew 0.5% quarter-on-quarter, rise analysts said was due to stronger consumption and capital investment. – AFP, August 15, 2022

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