AI Data Insight
Japan's nominal GDP year-on-year contribution from private residential investment in the first quarter of 2026 recorded 0.0%, remaining flat compared to the 0.0% in the previous quarter. Although Japan's overall GDP showed continuous expansion, residential investment remained relatively stagnant due to rising raw material prices and soaring construction costs. Going forward, it remains to be seen whether wage growth can offset the pressure brought by building material costs and potential interest rate hikes.