Japan Q2 GDP up annualized 2.2%, exceeding pre-COVID level

Eased virus curbs spur consumption but pandemic, other headwinds persist

20220814 japan gdp

Shoppers walk through Tokyo's Ameyoko district in May, after the country eased some of its COVID-19 containment measures.

KENTARO IWAMOTO, Nikkei staff writer

TOKYO -- Japan's economy expanded at an annualized pace of 2.2% in the April-June quarter, from the previous term, after measures to fight COVID-19 were relaxed.

Preliminary figures released by the Cabinet Office on Monday show that seasonally adjusted real gross domestic product for the second quarter grew 0.5% on the quarter, which translates into the annualized growth rate of 2.2%.

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