Japan's Q1 GDP Contracts by 1.8%, Prompting Leak of Government's Economic Blueprint
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#6f1fa2fe ver:0.42

Japan's Q1 GDP contracts by 1.8%, prompting leak of government's economic blueprint. Slow wage growth, rising import prices, and scandal in the auto industry contribute to the decline. Bank of Japan may wait for Q2 data before raising interest rates. Policymakers prioritize normalizing monetary policy and addressing declining consumer spending. Concerns remain about the end of subsidies and weak sentiment in service industries. Japan's GDP expected to slip to No. 5 globally. Government discusses need for flexible policies in response to soft consumption and overseas risks. #Japan #GDP #economy #BankofJapan #consumer #policy...

#newstr #Japan #Economy #Gdp #Exports #Imports #VehicleModelTests #Scandal #BankOfJapan #ConsumerSpending #InterestRates 

 https://here.news/story/6f1fa2fe?ver=0.42