Japan's Economy Grows for Second Straight Quarter on Back of Consumer Spending
==========

Japan's economy grew at an annual rate of 0.9% in the July-September 2024 period; this marks the second consecutive quarter of growth, following 0.5% growth in April-June; domestic demand increased at an annualized rate of 2.5%; private consumption rose by 3.6%, driven by healthy household spending; exports grew by 1.5%; the yen weakened from 160-yen to 150-yen levels; prior to this growth, the economy contracted by 0.6% in January-March 2024; government data released on November 15, 2024.

#Japan #Economy #ConsumerSpending #Gdp #Growth #Exports #Yen #HouseholdConsumption #FiscalQuarter #GovernmentData

https://www.news18.com/business/economy/japans-economy-grows-for-second-straight-quarter-on-back-of-consumer-spending-9121039.html