{
  "id": 18430103,
  "title": "Japan Q3 GDP growth seen slowing sharply as consumption, external demand drag: Reuters poll",
  "url": "https://urgent.news/2026/11/06/japan-q3-gdp-growth-seen-slowing-sharply-as-consumption-external",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T03:06:24.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economy-news/japan-q3-gdp-growth-seen-slowing-sharply-as-consumption-external-demand-drag-reuters-poll-5006357"
  },
  "original_language": "en",
  "account": "Japan's economy is projected to have expanded only slightly during the July-September quarter, a Reuters poll of 16 economists revealed on Friday. Real gross domestic product (GDP) growth is expected to have been an annualized 0.3%, down from the 1.4% increase in the preceding April-June period, but still indicating a continued upward trend. When removing the annualization factor, the growth rate for the July-September quarter is estimated at 0.1%.\n\nThe modest growth rate will be one of the key factors considered by the Bank of Japan when deciding whether to raise interest rates further. Many analysts anticipate the next Bank of Japan rate hike could occur as soon as next month.\n\nCapital expenditure is anticipated to have grown by 1.5%, reversing the previous quarter's 0.9% decline. However, private consumption, which makes up more than half of Japan's GDP, is projected to have declined by 0.2%, marking the first contraction in seven quarters. Service consumption remained robust during the July-September quarter, but durable goods consumption declined due to policy-related factors, while non-durable goods consumption suffered due to the adverse effects of rising inflation, according to analysts at SMBC Nikko Securities.\n\nNet external demand, or exports minus imports, is likely to have subtracted 0.4 percentage points from GDP growth, following an addition of 0.5 percentage points in the previous quarter. Analysts suggest that external demand may have turned negative as imports increased, reflecting progress in alternative crude oil procurement. The government is set to release the preliminary third-quarter GDP data on November 16 at 8:50 a.m. (2350 GMT on November 15).",
  "summary": null,
  "key_points": [
    "Japan's Q3 GDP growth projected at 0.3%, down from 1.4% in Q2",
    "Private consumption declines 0.2%, first contraction in seven quarters",
    "External demand subtracts 0.4 percentage points from GDP growth"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Japan Q3 GDP growth seen slowing sharply as consumption, external demand drag: Reuters poll",
        "url": "https://urgent.news/2026/11/06/japan-q3-gdp-growth-seen-slowing-sharply-as-consumption-external-18432423",
        "published": "2026-11-06T03:05:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}