Latest news with #housinginvestment
NHK
5 days ago
- Business
- NHK
Japan's economy grows for 5th straight quarter in April-June
Japan's economy grew at an annualized rate of 1.0 percent from April to June, marking the fifth straight quarterly expansion. A preliminary report released by the Cabinet Office on Friday showed quarter-on-quarter growth of 0.3 percent in adjusted real gross domestic product. The annualized figure works out to 1.0 percent. The Cabinet Office also revised upward overall GDP data for the first quarter from an earlier estimate that showed a contraction. The latest data says private consumption, which accounts for more than half of the country's GDP, grew 0.2 percent from the previous quarter. Corporate capital investment expanded 1.3 percent, and housing investment rose 0.8 percent. Observers say exports were up 2.0 percent, despite higher tariffs from the United States coming into effect during the period.
News.com.au
19-05-2025
- Business
- News.com.au
Predicted rate cuts will ‘encourage' investment in housing
REA Group Senior Economist Anne Flaherty discusses how the predicted rate cuts will 'encourage' more investment in housing. 'I think we are going to see things pick up, particularly if we do get a rate cut as expected on Tuesday,' Ms Flaherty told Sky News Business Editor Ross Greenwood. 'You've got lower interest rates coming in, which is going to encourage more investment.'
