Japan's fourth quarter annualized GDP rose 1.4 percent
|Japan's gross domestic product (GDP) grew in October-December as solid domestic consumption and business investment offset weak exports.
The economy expanded at an annualized 1.4 percent rate in the fourth quarter, according to preliminary data released by the Cabinet Office earlier today. The GDP print was in line with the forecast by economists.
The expansion, however, was not strong enough to compensate for the 2.5 percent drop registered in the third quarter, as export growth remained weak due to anemic demand conditions in China.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.