With an annualized 2.4% from the Q3 of 2014, Japan's economy grew faster than expected Q1 of 2015. Japan GDP annual growth rate initially increases from 0.5% to 2.4 % for 5 quarters and then declines for three quarters up 2014 Q4. Core inflation rate has increased gradually to over 3% , and then started gradually to decline.
The acceleration in GDP growth last quarter was mostly due to a jump in inventories, and a range of indicators point to a slowdown in the second quarter apan's GDP growth will be around zero for the year, adding that the data suggest that the near-term chances of further easing from the Bank of Japan have diminished.
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