Tokyo, May 19, 2026 (AFP) - Japan economy grows faster than expected in first quarter

NAMPA / AFP

2026-05-19

Japanese economic growth surpassed expectations at the start of 2026, official data showed on Tuesday, but Prime Minister Sanae Takaichi is mulling an extra budget as concerns grow over inflation due to the Middle East war. Gross domestic product (GDP) in the world's fourth-biggest economy expanded 0.5 percent in the first quarter, exceeding market forecasts of 0.4 percent. Growth in private consumption and corporate investment contributed to the......

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