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Japan’s economy likely contracted in Q3 2025 due to U.S. tariffs, weak exports, and stagnant growth, first decline in six quarters.
Japan's economy likely shrank in the July-September quarter, marking its first contraction in six quarters, according to a Reuters poll of economists.
The median forecast projected a 2.5% annualized decline, driven by U.S. tariffs—particularly a new 15% rate on Japanese imports—hurting the auto sector.
Net exports dragged down growth, while weak housing and inventory investment added to the slowdown.
Private consumption rose slightly, but stagnant wages and declining spending signal potential stagnation.
Official data is due November 17.
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La economía de Japón probablemente se contrajo en el tercer trimestre de 2025 debido a los aranceles estadounidenses, las exportaciones débiles y el crecimiento estancado, el primer declive en seis trimestres.