{
  "id": 6196232,
  "title": "Japan revises Q2 GDP up to annualised 1.4% expansion",
  "url": "https://urgent.news/2026/09/08/japan-revises-q2-gdp-up-to-annualised-1-4-expansion",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-08T00:01:45.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/japan-revises-q2-gdp-up-annualised-14-expansion-6368216"
  },
  "original_language": "en",
  "account": "Japan's economy experienced a stronger-than-expected expansion in the April-June quarter, with the Cabinet Office revising the GDP growth upward to an annualized 1.4% increase, according to data released on Tuesday. This revision is attributed to businesses' capital expenditures, which were less weak than initially estimated. Economists had previously forecasted a 1.1% growth rate for the second quarter. Private consumption remained flat, while external demand, or exports minus imports, contributed to a 0.5 percentage point growth in GDP. Domestic demand slightly decreased by 0.1 percentage point, which was better than the initial estimate of a 0.2% drag. The upward revision is primarily driven by an increase in capital spending, with Japanese firms raising their spending on plant and equipment by 1.6% in the second quarter compared to the previous year. Additionally, inflation-adjusted real wages in Japan rose by 2.4% in July from the previous year, marking the largest increase since May 2021 and the seventh consecutive month of gains. The Bank of Japan (BOJ) raised its policy rate to a 31-year high of 1% in June, but the central bank continues to face pressure to increase borrowing costs further due to the U.S.-Iran war and the yen's downward trend. According to money market broker Tokyo Tanshi, there is a 98% chance the BOJ will raise its policy rate by 25 basis points to 1.25% at its upcoming September meeting, with traders also pricing in another hike to 1.5% by the January meeting.",
  "summary": null,
  "key_points": [
    "Japan's Q2 GDP revised upward to annualized 1.4% expansion",
    "Capital expenditures exceeded expectations, driving growth",
    "Inflation-adjusted real wages rose 2.4% in July"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Japan revises Q2 GDP up to annualised 1.4% expansion",
        "url": "https://urgent.news/2026/09/08/japan-revises-q2-gdp-up-to-annualised-1-4-expansion-6199830",
        "published": "2026-09-08T00:00:50.000Z"
      }
    ]
  },
  "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."
}