Japan's Q1 GDP Contracts by 1.8%, Prompting Leak of Government's Economic Blueprint
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#6f1fa2fe ver:0.41

Japan's Q1 GDP contracts by 1.8%, prompting leak of government's economic blueprint. Weak consumer spending, declining exports, and ongoing scandals 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 emphasizes need to work closely with central bank and address overseas risks. #Japan #GDP #economy #consumer #BankofJapan...

#newstr #Japan #Economy #Gdp #Exports #Imports #Consumption #WageGrowth #VehicleModelTests #BankOfJapan #InterestRates 

 https://here.news/story/6f1fa2fe?ver=0.41