{"id":336421,"date":"2025-12-08T06:14:14","date_gmt":"2025-12-08T06:14:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/336421\/"},"modified":"2025-12-08T06:14:14","modified_gmt":"2025-12-08T06:14:14","slug":"japan-revises-economic-data-to-show-bigger-contraction-in-july-september-period","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/336421\/","title":{"rendered":"Japan revises economic data to show bigger contraction in July-September period"},"content":{"rendered":"\n

TOKYO (AP) \u2014 Japan\u2019s economy contracted at an annual pace of 2.3% in the July-September period, the government reported Monday, as exports suffered from the impact of U.S. President Donald Trump\u2019s tariffs<\/a> and public investments slipped.<\/p>\n

The decline in Japan\u2019s gross domestic product, or the sum value of its goods and services, translates to a 0.6% on-quarter fall, and marked a lowered revision from the preliminary data released last month<\/a>, which had shown a drop of 1.8% at an annual rate, or 0.4% on-quarter, according to the Cabinet Office.<\/p>\n

The annualized rate shows what the economy would have done if the same rate were to continue for a year.<\/p>\n

Exports dropped 1.2% in the quarter<\/a> compared to the previous quarter, unchanged from the preliminary figure, while private residential investment fell 8.2%, slightly less than the 9.4% fall seen in the earlier data.<\/p>\n

Trump implemented higher tariffs on imports from many countries earlier this year.<\/p>\n

In September, the U.S. lowered the tariffs surcharge on nearly all Japanese imports<\/a> to 15% from an earlier plan for a 25% tariff. The tariffs on autos are a serious blow<\/a> to Japan\u2019s economy. Japan<\/a> has promised to invest $550 billion in the United States, in an accommodating move announced during the tariff negotiations.<\/p>\n

Analysts say the drop in private residential investment observed in the July-September quarter was mainly due to revisions of Japan\u2019s building code that caused housing starts to plunge from earlier this year.<\/p>\n

Imports slipped 0.4% during the quarter, while private consumption gained 0.2%, according to revised data.<\/p>\n

The tariffs have strained bilateral ties between Japan and the U.S., its most important alliance partner.<\/p>\n

Japan now has its first female prime minister, Sanae Takaichi,<\/a> who remains popular, partly because of her assertive nationalist-leaning comments. She is also fostering hopes for an economic revival, although prospects remain unclear.<\/p>\n

___<\/p>\n

Yuri Kageyama is on Threads: https:\/\/www.threads.com\/@yurikageyama<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"TOKYO (AP) \u2014 Japan\u2019s economy contracted at an annual pace of 2.3% in the July-September period, the government…\n","protected":false},"author":2,"featured_media":336422,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101,22389,3471,74172,942,169723],"class_list":["post-336421","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-gross-domestic-product","tag-japan","tag-japans-economy","tag-president-donald-trump","tag-private-residential-investment"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/336421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=336421"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/336421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/336422"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=336421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=336421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=336421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}