Japan's economy slows in 3Q on tepid capex; consumption picks up
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Japan's economy expanded by an annualised 0.9% in Q3 2024, slowing from 2.2% in Q2; private consumption rose 0.9%, exceeding the 0.2% estimate; capital spending fell 0.2%; net external demand reduced growth by 0.4 points; economist Kengo Tanahashi noted the consumption increase was surprising; Bank of Japan maintains ultra-low rates; risks from US economy and potential tariffs from President-elect Donald Trump could impact exports.
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https://theedgemalaysia.com/node/734078