Japanese Growth Beats Expectations: Is The Country Finally Making A Comeback?
Rupert Hargreaves2021-05-14T03:03:22-04:00
Is Japanese growth finally starting to wake up after decades of stagnation? If last night’s second-quarter GDP reading is anything to go by, it looks as if the country really is finally starting to make progress.
Japan’s real GDP grew by a seasonally adjusted 1% quarter-on-quarter or 4% annualized during Q2, significantly beating consensus which was calling for growth of 2.5%. Nominal GDP growth also registered a high reading of 1.1% quarter-on-quarter versus flat growth in Q1.
Author
Rupert Hargreaves
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Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
Rupert covers everything value investing for ValueWalk
