Japan's 2Q GDP Expands More Than Forecasted

The video discusses surprising GDP numbers and their implications, highlighting Tokyo's strong earnings season with a 26% profit increase. It examines Japan's labor market, noting tight conditions but modest wage growth. The discussion also contrasts domestic and external demand, with GDP growth linked to domestic consumption and investment.

What was the percentage increase in net profits for Tokyo companies year-on-year?

• 26%

• 15%

• 35%

• 40%

What is the reported wage growth percentage according to the unions?

• 3.1%

• 2.5%

• 1.98%

• 0.5%

What is the main challenge in interpreting labor statistics in Japan?

• Volatility in numbers

• Inaccurate reporting

• Lack of data

• Outdated methods

Which sector was NOT mentioned as having strong international earnings?

• Chemicals

• Steel

• Technology

• Trading companies

What aspect of the GDP numbers is highlighted as being particularly strong?

• Government spending

• Domestic consumption

• Export growth

• Tourism