Japan's economic growth in the fourth quarter exceeded expectations, thanks to the acceleration of recovery rates after the pandemic. The country's gross domestic product increased by 4.3% on a quarterly basis, which turned out to be 0.1% higher than the previously projected level. Growth in demand for export goods and domestic consumer demand became the main driving forces during this period. "Although we still face many challenges, such as instability in financial markets and changes in international politics, this positive result in the calculation of gross product — this is a good sign for the Japanese economy," said a financial analyst.
Experts noted that the recovery of the Japanese economy continues, despite some risks, such as the possible rise in energy prices. The Japanese government is implementing a number of measures to support the economy, including financial stimulus and employment support programs. "We see that the country's economy is on the path to recovery, and despite the complexities, we are managing them successfully," the representatives of the government emphasized.
