<h1>Japan's Economy Grows 2.8% in Q4 2024, Boosted by Strong Exports; Inflation Nears 2% Target</h1> Japan's economy expanded by an annual rate of 2.8% in the last quarter of 2024, driven by strong exports and moderate consumption. Quarter-to-quarter growth reached 0.7%, marking the third consecutive quarter of expansion. For 2024, Japan's GDP grew by 0.1%, continuing a four-year growth streak. Private consumption rose by 0.5%, while exports increased by 4.3%. The positive economic data boosted the Nikkei 225 and other Asian markets. Analysts suggest that anticipation of tariffs may have influenced trade. Inflation is near the Bank of Japan's 2% target, prompting potential interest rate hikes to counter deflationary pressures.