Japan’s economy showed resilience as the Gross Domestic Product (GDP) for the period from April to June 2023 recorded an annualized growth rate of 1.0%. This marks the fifth consecutive quarter of positive growth, indicating a steady recovery following the challenges posed by the pandemic.
The GDP measures the total value of goods and services produced within a country and is a key indicator of economic health. The reported growth reflects an increase compared to the previous three-month period, showcasing Japan’s ongoing economic recovery efforts.
Source: www3.nhk.or.jp