Japan's Economy Grows 2.2% Annually Amid Consumer Spending Slowdown

Reported about 23 hours ago

Japan's economy expanded at a 2.2% annual rate in the last quarter of the year, down from an earlier estimate of 2.8%, largely due to a decline in consumer spending. Despite three consecutive quarters of growth, private demand fell, and the government's outlook is clouded by international trade uncertainties and the potential impact of U.S. tariffs on Japanese exports.

Source: YAHOO

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