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Economy

Japan's GDP climbs 0.4% in January on strong exports: JCER

Firm foreign demand outweighs slump in capital spending

TOKYO -- Japan's real gross domestic product rose 0.4% on the month in January, owing mainly to solid export growth, data released Monday by the Japan Center for Economic Research shows.

External demand contributed 0.8 percentage point to growth as exports rose 2.1% while imports fell 2.5%.

But weak demand in Japan's private sector reduced growth by 0.4 point, with private-sector capital expenditures down 0.4% and consumer spending flat. Public-sector demand also exerted a small drag on growth.

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