The Japanese economy continued its recovery in the fourth quarter of 2024, increasing by 2.3% compared to the previous quarter. This indicates a gradual recovery of the country after recent difficulties.
The increase in economic activity in the last quarter occurred due to the growth of the IT technology sector, including the production of semiconductors and the development of digital services. In addition, exports also played a role in strengthening Japan's economic indicators.
"Despite the complexities that the country has faced in recent months, we are observing a gradual recovery and are confident in the strength of our economy," noted the representative of the Ministry of Finance of Japan.
Experts predict that the Japanese economy will continue its development in the upcoming quarters, based on the strengthening of domestic demand and labor market activity.
