Japan's Economy Sees Unexpected Modest Growth

Japan's economy posted a modest annualized growth of 0.2% in the October-December quarter, as per government data, significantly less than the expected 1.6%. This growth translates to a quarterly increase of 0.1%, falling short of the anticipated 0.4% rise.

Japan's economic growth for the fourth quarter marginally surpassed expectations, recording an annualized increase of 0.2%, official data revealed on Monday. This figure starkly contrasts with the anticipated rise of 1.6% forecasted by market analysts.

The nation's gross domestic product (GDP) experienced a quarterly growth of 0.1%, once again falling short of the predicted 0.4% increase. This underlines the challenges facing Japan's economy amid global uncertainties.

While the growth figures showed a positive trend, the results were less robust than anticipated, raising concerns over the sustainability of Japan's economic recovery.

(With inputs from agencies.)