Reported about 1 month ago
A Reuters poll indicates that Japan's economy likely grew at an annualized rate of 3.2% in Q2 2024, aligning with initial estimates, supported by increased wages and spending. However, external risks from potential slowdowns in the U.S. and China persist. While capital expenditure rose slightly and private consumption saw its first increase in five quarters, analysts expect continued momentum driven by domestic demand.
Source: YAHOO