Japan's October GDP flat despite domestic demand lift: JCER

Car sales a bright spot, but balance of payments deficit among headwinds

20221212 Japan economy

Japanese private consumption grew 0.7% in October but import surge weighed down overall growth. © Reuters

Nikkei staff writers

TOKYO -- Japan's seasonally adjusted gross domestic product remained flat in October from the previous month with growth in domestic demand offset by negative impacts from external factors, the Japan Center for Economic Research said on Monday.

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