The Cabinet Office announced on the 18th that GDP = gross domestic product from January to March has a real growth rate of minus 1.0% compared to the previous three months, which is the first time in two quarters. It became negative.
In addition to the decrease in public works projects, priority measures such as prevention of spread have been applied to various places due to the spread of Omicron strains, and personal consumption, which accounts for more than half of GDP, has remained at almost the same level.
In addition, the GDP for the year 2021 announced at the same time turned positive for the first time in three years, with a real growth rate of 2.1%.