Asia Pacific: Economic overview
Japan saw improved GDP growth in Q3, in contrast to other leading Asian economies.
Japan’s GDP was up by 0.8% year on year in Q3, an improvement from the 0.7% seen in Q2. The improved growth was supported by greater levels of capital investment as domestic demand remains weak. Japan’s economy is expected to increase in size by 0.5% in 2016 as a whole and by 0.6% in 2017. The moderate growth forecast for the remainder of this year and next will cap potential gains in the gas market over the coming months even if nuclear reactors are slow to restart.