Japan's Economy Contracts as Consumers and Firms Cut Spending
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#6f1fa2fe ver:0.24

Japan's economy contracts by 2% due to reduced consumer and company spending, raising concerns about economic recovery. Factors include an earthquake, auto production disruptions, and declining household spending. Challenges remain with subsidies ending and weak sentiment in service industries. Policymakers aim to address declining consumer spending and normalize monetary policy for sustained growth. #Japan #economy #consumer #spending #recovery...

#newstr #Japan #Economy #ConsumerSpending #CapitalSpending #NetExports #BankOfJapan #InterestRates #WageHikes #Subsidies #Yen'sWeakness 

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