Japan’s Q1 GDP Below Expectations However Exports Maintain YoY Growth
Japan's GDP for the first quarter of this year has been released, showing a YoY decline of 0.2%, which is slightly below market expectations. This is mainly attributed to weak domestic consumption. However, On the other hand, benefiting from the continuous depreciation of the yen, Japan's exports recorded a YoY growth of 1.4% in Q1, indicating that the exports remain one of the key drivers of Japan's economic growth.
The Global X Japan Global Leaders ETF (3150) invests in leading export companies in Japan, including several major Japanese trading companies. This ETF provides investors with an opportunity to capture the rising potential of Japan's export growth.
Explore the Global X Japan Global Leaders ETF (3150) and its risk factors: https://www.globalxetfs.com.hk/funds/japan-global-leaders-etf/
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