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Japan's economy grows at an annualized 2.1% rate in the first quarter, beating expectations

Japan's economy grows at an annualized 2.1% rate in the first quarter, beating expectations

Lim Hui Jie· ·1 min read · 0 reactions · 0 comments · 40 views
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TL;DR · WeSearch summary

Japan's economy experienced an annualized growth of 2.1% in the first quarter of 2026, exceeding expectations. Despite this growth, the Bank of Japan has revised its fiscal year forecast down to 0.5% due to rising crude oil prices and potential stagflation. Analysts warn that the ongoing Middle East crisis may further impact corporate profits and household incomes.

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Original publisherCNBC — Top
Canonical URLhttps://www.cnbc.com/2026/05/19/japan-first-quarter-gdp-economy-inflation-energy.html
Publication timeMon, 18 May 2026 23:58:27 GMT
Retrieval time2026-05-19T00:04:57.018Z
Last seen2026-05-19T00:04:57.018Z
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ClusteraMyUzQYenbQN
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Publisher visitYes — open original
Substitutes article?No — link-out required for full text

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Opening excerpt (first ~120 words) tap to expand

Japan's economy grew at an annualized 2.1% in the first quarter of 2026, surpassing analysts' expectations, government data released Tuesday showed. GDP rose by 2.1% compared with Reuters-polled analysts' average estimate of 1.7%, and against the 1.3% in the previous quarter. On a quarter-on-quarter basis, the economy expanded 0.5%, compared with estimates of 0.4%, and improving from the 0.3% growth at the end of 2025.These figures do not capture the full impact of the Iran war, which started at the end of February.

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