The Cabinet Office has released preliminary GDP figures for the period from October to December 2025. Real GDP excluding the effects of price fluctuations rose 0.1% compared to the previous quarter.
If this pace continued for a full year, it would translate to an annualized growth rate of 0.2%, marking a shift back into positive territory after the negative growth recorded in the July–September quarter.
Personal consumption, which accounts for more than half of Japan’s GDP, increased by 0.1%, and corporate capital investment rose by 0.2%.
Exports fell by 0.3%, and imports also declined by 0.3%.
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