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let s ta ke let s take a look at how the stock market is doing. flat to high. trading at a 33 year home. the last quarter it outperformed any major global indices partly because investors are hopeful about japan s economy. nobuko kobayashi, from professional services firm, ey, explains. yes, it beat expectation by one point which is quite phenomenal. if you peel down, break down the difference, the positive surprise comes especially from the investment in private sector. the personal consumption, which was considered to be jumping up, was in line with expectation, but particularly on the business side, it was a positive surprise. i want to ask you about consumer spending because we have been talking about how japan has never really had inflation for many decades and now, having one, albeit much lower compared to other parts of the world, and yet wages have not been growing as much as expected, so why is consumer sentiment quite strong? consumer sentiment, i think, tempo ....
market too. it did dip a bit yesterday. it s a some 15% in the last quarter outperforming all the major global intimacies. we were told what is expected from the gp numbers. is expected from the gp numbere is expected from the gp numbers. , ., ., , numbers. the print emma larry numbers. the print emma larry number was numbers. the print emma larry number was 1.696 numbers. the print emma larry number was 1.696 for numbers. the print emma larry number was 1.696 for the - numbers. the print emma larry| number was 1.696 for the annual number was 1.6% for the annual iceberg based on 01 preliminary. it could be as high as 2%, and this optimism is supported by two positive factors. one is an assumption thatis factors. one is an assumption that is stronger than ever, and secondly, it is capital investment by the businesses which continues to be strong. despite the slight bit yesterday, it s trading at a 33 year high. is this optimism about the economy or something el ....
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optimism is reflected in the stock markets as well. this is how the nikkei has started trading. it has been at 833 year high so we see a bit of profit taking. a 33%. the last quarter outperforming any major global indices as well. let s begin nobuko kobayashi joining us from kyoto. thank you forjoining us on the programme again. what did you make of this much stronger than expected gdp figures? yes. make of this much stronger than expected gdp figures? expected gdp figures? yes, it beat expectation expected gdp figures? yes, it beat expectation by expected gdp figures? yes, it beat expectation by one - expected gdp figures? yes, it beat expectation by one point| beat expectation by one point which is quite phenomenal. if you peel down, break down the different, the surprise comes especially from the investment in private sector. the personal consumption was in line with expectations but particularly on the business side, it was a positive surprise. i on the busi ....
the announcement comes as prime minister rishi sunak continues his visit to the us. he is due to hold talks with president biden at the white house later today aimed in the words of the uk government at cementing their joint leadership in the technologies of the future . the uk has abandoned hopes of a post brexit free trade agreement with the us, instead pushing for a deal on digital services. the prime minister told the bbc s political editor chris mason that the uk is well placed to become a leader in al i want to make sure that we in the uk can realise the clear benefits of aib that in drug discovery or other areas but at the same time we need to put guardrails in place to protect ourselves, our country and people from the real risk that it poses, risks that the creators of ai have highlighted. i believe the uk is placed to lead and shape the conversation on this because we are strong when it comes to ai. how do you make that case to a leader of a superpower as the ....