Japan Q2 GDP Beats Forecast On Export Gains Despite U.S. Tariffs

Japan Q2 GDP Beats Forecast On Export Gains Despite U.S. Tariffs

Japan’s GDP grew 0.3 in the second quarter from the previous three months, beating the 0.1 Reuters forecast despite U.S. tariff headwinds, according to CNBC. Growth was supported by a 0.3 percentage-point boost from exports, reversing a 0.8 contraction in the first quarter. Annualized GDP rose 1, above expectations of 0.4, while year-over-year growth slowed to 1.2 from 1.8. The Nikkei 225 gained 0.59 and the yen strengthened to 147.6 per dollar on the data. Economists cautioned that growth may slow as tariffs, now at 15 on all U.S.-bound exports, pressure corporate profits and capital investment.


User: Benzinga

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Uploaded: 2025-08-15

Duration: 00:43