New Delhi, Aug. 15 -- Japan's economy outpaced expectations as its Gross Domestic Product (GDP) grew about 1 per cent on an annualized basis in the April-June quarter of 2025, as per the government data.
Annualized basis growth of GDP is the percentage change in a country's Gross Domestic Product (GDP) over a year.
This performance is better than the predictions made by experts.
Reportedly, the corporate investment and private-sector consumption have notably increased in the Japan's economy amid externalities like tariffs.
As per the preliminary data from the cabinet office, Japan's exports grew about 2 per cent in the last quarter.
Surge in foreign tourist visits also helped the economy to remain robust in uncertain global economic s...