Japanese Capital Outlays Fall, Reflecting Headwinds to Growth
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#6f1fa2fe ver:0.38

Japan's economy contracted at an annualized rate of 2% in Q1 2024, worse than expected, due to weak consumer spending, a fall in capital spending, and declining exports. The decline in GDP adds pressure on Prime Minister Kishida's government, as Japan battles stagnant growth and an aging population. Policymakers prioritize normalizing monetary policy and addressing declining consumer spending. Japanese companies also predict worsening economic conditions in China. Weak corporate investment indicates concerns about inflation and global uncertainties. #Japan #economy #GDP #consumer #investment...

#newstr #Japan #CapitalInvestment #EconomicGrowth #BankOfJapan 

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