Japan’s output gap reaches highest level since 2019
Japan’s output gap for the April–June quarter was revised upward to 0.3%, its largest since the July–September 2019 period, the Cabinet Office reported on Tuesday.
The figure was previously estimated at 0.1% last month, based on preliminary second-quarter GDP data. This marks the first positive output gap since the April–June 2023 quarter, highlighting stronger-than-expected economic momentum after the GDP revision.
