Economy

Japan GDP gains annualized 2.8% in Q4, beating market predictions

Third quarter of expansion aided by higher-than-expected consumption

20250217 Japan GDP

Japanese auto plant: Economists have forecasted a median of 1% real GDP growth for the October-December period. (Photo by Itsuki Miyake) 

NANCY ZHENG
February 17, 2025 09:13 JST
Updated on February 17, 2025 19:14 JST

TOKYO -- Japan's economy grew an annualized 2.8% in the October-December period from the previous three months, according to preliminary government figures issued on Monday, marking the third consecutive quarter of expansion.

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