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Japan’s Cabinet Office released the first preliminary report of the country’s GDP for the period from April to June 2023. According to the report, semi-durable goods, which fall under the largest component of the GDP – personal consumption, recorded a 2.8% increase compared to the previous quarter. According to Mainichi Shinbun, the release of Nintendo’s The Legend of Zelda: Tears of the Kingdom could have been a factor that influenced this growth.
According to the preliminary GDP report for the period from April to June 2023, personal consumption in Japan turned negative for the first time in three quarters, declining by 0.5% compared to the previous quarter, reflecting a prolonged period of high living costs. On the other hand, consumption of semi-durables alone, which include clothing and entertainment-related products, recorded an outstanding increase of 2.8% from the previous quarter. According to Mainichi Shinbun, a Cabinet Office official attributed the significant growth to “new releases” of video game software.
The period between April and June saw the releases of many major video game titles, such as Final Fantasy XVI and Street Fighter 6, but particularly successful among them was The Legend of Zelda: Tears of the Kingdom released by Nintendo for the Switch on May 12.
automaton-media.com
Original Japanese source:
mainichi.jp
According to the preliminary GDP report for the period from April to June 2023, personal consumption in Japan turned negative for the first time in three quarters, declining by 0.5% compared to the previous quarter, reflecting a prolonged period of high living costs. On the other hand, consumption of semi-durables alone, which include clothing and entertainment-related products, recorded an outstanding increase of 2.8% from the previous quarter. According to Mainichi Shinbun, a Cabinet Office official attributed the significant growth to “new releases” of video game software.
The period between April and June saw the releases of many major video game titles, such as Final Fantasy XVI and Street Fighter 6, but particularly successful among them was The Legend of Zelda: Tears of the Kingdom released by Nintendo for the Switch on May 12.
Record-breaking sales of Zelda: Tears of the Kingdom may be what upheld Japan’s GDP - AUTOMATON WEST
According to a report on Japan's GDP for the period from April to June 2023, the release of Nintendo’s The Legend of Zelda: Tears of the Kingdom could have been a factor that influenced a significant increase in personal consumption.
automaton-media.com
Original Japanese source:
4～6月期GDP 半耐久財の伸び、要因はゼルダ? 新作ゲーム大人気 | 毎日新聞
内閣府が15日に発表した2023年4～6月期の国内総生産（GDP、季節調整値）の速報値では、全体の5割超を占める個人消費が節約志向で低調だったが、そのうち衣服や娯楽商品などの「半耐久財」は前期比2・8％増と際立って伸びた。その要因はゲームソフトで、「新しいものが発売された」（内閣府担当者）ためとい
