Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
DBS Bank: Japan's GDP Growth Likely to Remain Sluggish

DBS Bank: Japan's GDP Growth Likely to Remain Sluggish

Chaincatcher2025/08/13 07:05

ChainCatcher reports, citing Jintou, that Japan's second-quarter GDP data will be released on Friday. The DBS Bank (DBS) economics team expects Japan's second-quarter GDP growth to hover around 0% quarter-on-quarter. They forecast that the seasonally adjusted annualized growth rate will rise modestly by 0.2%, just enough to offset the contraction in the first quarter. Export momentum weakened in the second quarter, affected by a decline in exports to the US and sluggish overseas demand.

Domestically, private consumption remains sluggish as wage growth lags behind inflation. Persistently weak GDP suggests that the Bank of Japan is unlikely to raise interest rates in the short term. Although the trade agreement with the United States helps alleviate tariff uncertainty, the Bank of Japan may want to see a stronger wage recovery and stable inflation before normalizing policy. Therefore, DBS maintains its forecast that the Bank of Japan will raise rates by 25 basis points in the fourth quarter.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Aster updates Stage 3 trading points rules: both spot and perpetual contract trading volumes are included
2
Deutsche Bank: Gold's share in global reserves rises to 30%

Crypto prices

More
Bitcoin
Bitcoin
BTC
$106,840.62
+1.77%
Ethereum
Ethereum
ETH
$3,885.45
+4.25%
Tether USDt
Tether USDt
USDT
$1
+0.02%
BNB
BNB
BNB
$1,110.46
+6.61%
XRP
XRP
XRP
$2.36
+6.08%
Solana
Solana
SOL
$186.32
+5.44%
USDC
USDC
USDC
$0.9999
-0.01%
TRON
TRON
TRX
$0.3133
+2.27%
Dogecoin
Dogecoin
DOGE
$0.1876
+5.45%
Cardano
Cardano
ADA
$0.6333
+4.94%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter