, Japan

Japan's GDP to increase 0.4% in Q4

Global domestic demand is likely to boost growth.

Moody’s Analytics reported that Japan’s GDP is likely to increase by 0.4% QoQ mainly due to high global domestic demand in 4Q2017.

Exports are expected to add 0.2 percentage points to December’s GDP growth, remaining as the country’s main growth engine.

Accounting for 60% of total GDP, consumption is also forecasted to rise, which is likely to give 0.1% percentage point to the country’s GDP growth. Business investment is also expected to contribute another 0.1 percentage point.

For the full year 2017, GDP growth is forecasted to increase to 1.6%, which is driven by improved global demand, a tech cycle upswing, and a cheaper yen, Moody’s said.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!