Japan Q2 GDP 1.1% annualized, misses forecasts
Japan’s economy grew at an annualized 1.1% in the second quarter of 2026, with quarterly GDP up 0.3% as exports pillared growth while domestic demand remained soft. A weak yen helped exporters, but higher oil prices from the Iran conflict and elevated energy costs weighed on imports, with AI and semiconductor demand offering some support and the BOJ signaling only modest continued growth.