ArrowArtboardCreated with Sketch.Title ChevronCrossEye IconIcon FacebookIcon LinkedinShapeCreated with Sketch.Icon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter

Welcome to our new website

As well as being able to load content faster than ever before, you'll now find it's much easier to find all the content you need about the Asian business world.

Economy

Japan's GDP down 2.1% in May: JCER

Weak exports put a drag on the economy

Nikkei staff writers
Japan's exports decreased 3.8% in May, slowing the overall economy, according to the Japan Center for Economic Research.   © AP

TOKYO -- Japan's real gross domestic product fell 2.1% on the month in May, according to seasonally adjusted estimates published on Tuesday by the Japan Center for Economic Research.

With exports shrinking 3.8%, external demand pushed down the overall figure by 1.8 percentage points.

Domestic demand also lacked momentum, with consumer spending edging down 0.2% and capital investment sliding 2.1%.

See Also

Read Next

You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month

Subscribe to get unlimited access to all articles.

Get unlimited access
NAR site on phone, device, tablet

{{sentenceStarter}} {{numberReadArticles}} free article{{numberReadArticles-plural}} this month

Stay ahead with our exclusives on Asia; the most dynamic market in the world.

Benefit from in-depth journalism from trusted experts within Asia itself.

Try 3 months for $9

Offer ends September 30th

Your trial period has expired

You need a subscription to...

See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

See all offers
NAR on print phone, device, and tablet media