Japan February GDP up 0.3% on steady exports to China: JCER

Private consumption also rose 0.2% despite omicron COVID wave

20220406 Daily life in Tokyo

Japan's GDP marks its first expansion in three months, according to the latest JCER report. (Photo by Kai Fujii) 

Nikkei staff writers

TOKYO -- Japan's seasonally adjusted real gross domestic product grew 0.3% in February from January as exports to China expanded, the Japan Center for Economic Research said in a report released on Wednesday, marking the first expansion in three months.

January's growth rate fell 1.5% from the previous month. Based on the average figures for the first two months of 2022, the think tank now expects a 3.4% drop for the January-March quarter from the October-December period.

Sponsored Content

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