April-June GDP (second preliminary estimate): real GDP up 0.4% quarter on quarter, 1.4% annualizedJapan's "earning power" in April-June grew a little from the previous 3 months
In the quarterly GDP estimates for April-June (second preliminary estimate) released by the Cabinet Office on September 8, 2026, real GDP rose 0.4% from the previous quarter, or 1.4% on an annualized basis. By component, private final consumption expenditure was 0.0% quarter on quarter, private non-residential investment fell 0.9%, and government final consumption expenditure rose 1.7%.
Key points
- Real GDP (seasonally adjusted) rose 0.4% quarter on quarter, 1.4% annualized
- Private final consumption expenditure: 0.0% quarter on quarter
- Private non-residential investment: down 0.9% quarter on quarter
- Exports rose 0.4% and imports fell 1.7%
- The preceding January-March quarter was up 0.5% quarter on quarter, on the figures as of the same release
What to do in practice
- Compare the movement of your own sales and capital investment with the overall movement
- If you use these figures as an assumption in a business plan, bear in mind that they may be revised
GDP is a number showing the size of the goods and services produced within a country over a period such as 3 months or a year. In April-June, it grew 0.4% compared with the previous 3 months. However, people's shopping (personal consumption) was almost flat.
Points
- The size of the whole country grew 0.4% from the previous 3 months
- Personal consumption, which is like people's shopping, neither grew nor shrank (0.0%)
- Companies' investment in equipment fell 0.9%
What the words mean
- GDP
- The total size of the new goods and services produced within a country
- Quarter on quarter
- The change compared with the 3 months just before
- Cabinet Office: Cabinet Office, Economic and Social Research Institute: Quarterly Estimates of GDP
- Cabinet Office: Cabinet Office, Economic and Social Research Institute: List of Statistical Tables (April-June 2026, Second Preliminary Estimates)
Economic news presents published statistics and outlooks. It is not investment solicitation or trading advice. Figures are as of publication and may be revised.
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