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May 20, 2015
JAPAN GDP 2015 Q1 (FIRST PRELIMINARY)

Japan's economy grew at an annualized pace of 2.4 per cent in 2015Q1, according to the first estimates.  This is the fastest pace of real economic growth since the first quarter of 2014.  Real growth was concentrated in private consumption spending and residential investment, both of which are recovering from declines in the second and third quarters of 2014.  Real exports also contributed to growth.  

Nominal GDP grew at an annualized pace of 7.7 per cent.  This is the fastest pace of nominal GDP growth since 2011.

Cabinet Office of Japan: Quarterly Estimates of GDP