ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Economy

Delta surge clouds hopes for Japan GDP recovery

Rebound seen as unlikely at least until year-end as vaccinations lag

The threat of the delta variant hung over the Tokyo Olympics and remains a risk to Japan's economic recovery. (Photo by Kento Awashima)

TOKYO -- Japan's tepid economic growth for April-June has dimmed hopes for a quick recovery from the coronavirus pandemic, with economists predicting similarly weak numbers for July-September as the spread of the contagious delta variant slows consumer spending.   

Japan's real gross domestic product increased an annualized 1.3% in April-June from the previous quarter, the Cabinet Office announced Monday, in a slow recovery from the 3.7% contraction in January-March. Japan's GDP still sits 1.5% below where it was in October-December 2019, before the coronavirus spread globally.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more