Bank of Japan Maintains View of Japan's Economic Outlook Despite Q1 GDP Contraction
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#6f1fa2fe ver:0.34

Despite a Q1 GDP contraction of 2% in Japan, the Bank of Japan maintains its view of the country's economic outlook. Weak consumer spending, a fall in capital spending, and net exports contributed to the decline. Policymakers prioritize normalizing monetary policy and addressing declining consumer spending. Half of Japanese companies operating in China predict a worsening Chinese economy this year. Bank of Japan Governor Ueda expects auto output to recover in Q2 and cost-push inflation to ease, supporting consumption. The BOJ's view on the global economy remains unchanged. #Japan #economy #GDP #consumer #exports #China...

#newstr #Japan #Economy #GdpContraction #BankOfJapan #AutoOutput #Consumption #Exports 

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