Japan's GDP grew 0.2% in September as exports recover: JCER

Think tank estimates economy shrank 1.5% in July-September

A container terminal in Tokyo: Japan's exports recovered in September, according to the Japan Center for Economic Research. (Photo by Nanami Sato)

Nikkei staff writers

November 10, 2023 15:21 JST

TOKYO -- The Japanese economy grew at an annualized 0.2% pace in September versus the previous month, helped by a recovery in exports, reversing from a 0.6% contraction in August, according to data compiled by the Japan Center for Economic Research.

The think tank now estimates the country's inflation-adjusted gross domestic product for the July to September quarter shank 1.5% versus the April to June period. The Japanese government is expected to release official GDP data next Wednesday.