From January to March, GDP = Gross Domestic Product grew at an actual annualized fee of +1.6% in comparison with the earlier three months, which was the primary optimistic progress in three quarters. This was primarily on account of progress in private consumption, together with a restoration in consumption of companies akin to consuming out and journey. Amidst the normalization of the economic system from the corona disaster, the restoration of “domestic demand” that exceeded market expectations supported this optimistic progress.
Source
Recovery of “home demand” that supported GDP plus progress Factors for nervousness concerning the future | NHK
