Tuesday, August 14, 2018
The economic outlook for Japan.
Japan’s GDP returned to growth in the second quarter of 2018 after a single quarter of decline. The real, price-adjusted increase of 1.9% (quarter-on-quarter, annualised) came despite record rainfall in western Japan last month and a deadly heat wave that together claimed 324 lives. Even as the GDP figures were announced, a strong typhoon was making landfall in eastern and north-eastern Japan, dumping heavy rain.