The government of Japan reported on Monday (15) that the country's economy grew 12.7% in the fourth quarter of 2020 (between October and December), well above the 9.5% expected by the market. The global economic recovery amid coronavirus vaccination contributed to the increase in Japanese exports and capital expenditures. Despite this, the result was well below the 22.7% growth registered in the third quarter of last year. In the annual index, there was a decrease of 4.8%, the first decrease since 2009.
This text was translated by machine from Brazilian Portuguese.