Reported about 2 months ago
Japan's economy experienced a growth rate of 3.1% in the April-June period, recovering from a previous contraction, with a 0.8% increase in the fiscal first quarter. This growth was fueled by a significant rise in domestic demand, which grew by 3.5% due to increased household consumption and private sector investments. Despite the positive GDP data, political uncertainties following Prime Minister Kishida's announcement not to seek re-election pose challenges for future economic policies.
Source: YAHOO