Japan's Q1 GDP Contracts by 1.8%, Prompting Leak of Government's Economic Blueprint
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#6f1fa2fe ver:0.43

Japan's Q1 GDP contracts by 1.8%, prompting leak of government's economic blueprint. Weak consumer spending, declining exports, and scandal in the auto industry contribute to the contraction. 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 rising utilities costs and weak yen. Japan's GDP expected to slip to No. 5 globally. Government discusses need for close collaboration with central bank and flexible policy response. #Japan #GDP #economy #consumer #BankofJapan...

#newstr #Japan #GdpContraction #Exports #Imports #ConsumerSpending #BankOfJapan #EconomicGrowth 

 https://here.news/story/6f1fa2fe?ver=0.43