--- title: "日本经济以 2.1% 的年增长率扩张，主要得益于消费者支出的推动" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/286851878.md" description: "日本经济在第一季度以年化率增长 2.1%，得益于消费者和政府支出的支持，尽管由于伊朗战争导致能源价格上涨。私人消费环比增长 0.3%。进口增长 0.5%，出口增长 1.7%。分析师预测，受人工智能和国防支出推动，经济将温和增长，而通胀压力可能导致利率上升。在这些发展背景下，日经 225 指数下跌 0.6%" datetime: "2026-05-18T20:08:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286851878.md) - [en](https://longbridge.com/en/news/286851878.md) - [zh-HK](https://longbridge.com/zh-HK/news/286851878.md) --- # 日本经济以 2.1% 的年增长率扩张，主要得益于消费者支出的推动 The Japanese economy grew at an annualised rate of 2.1 per cent in the January-March quarter, the government said Tuesday, showing its resilience despite rising energy prices because of the war in Iran. Japan's real gross domestic product, or GDP, the sum value of a nation's goods and services, grew at a seasonally adjusted 0.5 per cent from the previous quarter. It was the second straight quarter of growth. The annualised number shows what the growth, or contraction, would have been if the quarterly rate continued for a year. Increased spending by consumers and businesses helped contribute to the stronger than expected results. Higher government spending also supported the expansion. Private consumption rose 0.3 per cent quarter-on-quarter, or at an annualised rate of 1.1 per cent, according to the preliminary data from the Cabinet Office. Public demand rose 0.3 per cent from the previous quarter. Japan's economy contracted in July-September last year, then eked out moderate growth in October-December of 0.2 per cent on-quarter. A big challenge for resource-poor Japan is soaring oil prices. Brent crude, trading at levels of about $70 a barrel before the war, has recently cost nearly $110 a barrel. The Strait of Hormuz, a vital transport route for oil exports from the Persian Gulf to Asia, has been effectively blocked due to the war, pushing prices higher. Japan has released some oil reserves and is working on alternate routes. For the latest quarter, Japan's overall imports grew 0.5 per cent, while exports increased 1.7 per cent. A shortage of an oil-related product called naphtha, used in everything from bathtubs to plastics, has been grabbing headlines in Japan. Prime Minister Sanae Takaichi has promised to work on ensuring ample supplies to keep growth going. That would likely require considerable government spending. Analysts at the Japan Centre for Economic Research said in a recent report that Japan will likely manage moderate levels of growth, helped by increased spending on artificial intelligence technology and defence. "The breadth of demand showed a high-quality growth picture, which may add evidence that inflation is broadening," said Amova Asset Management Chief Global Strategist Naomi Fink. Higher costs for energy are helping to push prices higher and the stronger growth in the first quarter of the year may tilt Japan's central bank toward raising interest rates as it shifts away from years of keeping rates near or below zero. Japan's inflation rate is lower than that in the US, but wages for workers still lag behind increasing prices. Tokyo's benchmark Nikkei 225, which has been trading at record highs lately, declined 0.6 per cent in Tuesday morning trading. ### 相关股票 - [07515.HK](https://longbridge.com/zh-CN/quote/07515.HK.md) - [07262.HK](https://longbridge.com/zh-CN/quote/07262.HK.md) - [03153.HK](https://longbridge.com/zh-CN/quote/03153.HK.md) - [YCS.US](https://longbridge.com/zh-CN/quote/YCS.US.md) ## 相关资讯与研究 - [1999 年以来最高！日本 30 年期国债收益率飙升，引领全球债市抛售狂潮](https://longbridge.com/zh-CN/news/286710207.md) - [财报后，华尔街大行集体调高铠侠目标价，平均上调 44%](https://longbridge.com/zh-CN/news/286738270.md) - [普华和顺 5 月 19 日斥资 2.1 万港元回购 1.8 万股](https://longbridge.com/zh-CN/news/286904766.md) - [降息预期再度后移，高盛：AI 生产率改善才是当前最关键的宏观变量](https://longbridge.com/zh-CN/news/286799101.md) - [日本经济增长速度快过市场预期](https://longbridge.com/zh-CN/news/286833981.md)