Japan's economy expands annualised 2.1% in Q1, above forecast

May 18, 2026 7:57 PM EDT

A man uses a laptop on a street at a business district in Tokyo, Japan January 23, 2024. REUTERS/Kim Kyung-Hoon

TOKYO, ‌May ​19 (Reuters) - ​Japan's economy ‌grew an annualised 2.1% ⁠in ‌the first quarter, ‌government data showed on ​Tuesday, compared with ⁠the median market ​forecast for a 1.7% gain.

The ​growth in ‌gross domestic product (GDP) ⁠translated into a ⁠quarterly increase of ​0.5%, which compared with the median ‌estimate for a ‌0.4% ⁠rise.

(Reporting ‌by Leika ​KiharaEditing by Chang-Ran ‌Kim)



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