Japan’s economy has demonstrated its resilience with a 2.8% GDP growth in the final quarter of 2024. This growth, which exceeded market forecasts, was driven by strong performances in key sectors such as manufacturing, services, and exports. The government’s fiscal policies, including targeted stimulus packages, have also contributed to this positive outcome.
Analysts note that while the short-term outlook is promising, Japan must address underlying challenges such as an aging workforce and reliance on imported energy. The Bank of Japan’s monetary policy stance will also be crucial in maintaining economic stability.
