Economics
Japan’s GDP Highlights the Export Risks That Abe Hopes to Curb
- The nation’s economy expanded for a fourth straight quarter
- Sales abroad were the key while consumption at home was flat
Japan's Economy Continues Moderate Growth Path
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The strength in exports that fueled a fourth straight quarter of economic growth in Japan underscores just how important it is for Prime Minister Shinzo Abe to ease trade tensions with the Trump administration.
Net shipments abroad added 0.2 percentage point to gross domestic product in the three months through December, while consumption in Japan was flat as minimal increases in wages constrain consumer spending.