Japan's June GDP expands 1.1% on strong consumption: JCER

Capital investment also grew as supply chain disruptions eased

Shoppers in Tokyo's Ueno district: Japan's private consumption grew 0.7% in June from the previous month, pushing up the country's GDP, the Japan Center for Economic Research estimated. © Reuters

Nikkei staff writers

August 8, 2022 17:23 JST

TOKYO -- Japan's seasonally adjusted gross domestic product for June grew 1.1% from the previous month, thanks to strong private consumption, the Japan Center for Economic Research said on Monday.

The think tank also estimated the country's quarterly GDP for the April to June period expanded 3.1% versus the first quarter of 2022.