FX.co ★ Japan Economy Contracts at Annualized 0.7% in Q1

Japan's economy shrank by 0.7% on an annualized basis in the first quarter of 2025, falling short of market expectations of a 0.2% decrease, according to preliminary data. This represents a significant turnaround from the revised 2.4% growth observed in the fourth quarter and marks the first annual decline in a year.