Japan’s Economy Slows As 1.1% GDP Growth Raises Fresh BOJ Rate Hike Questions | DWS News | AD14
Japan’s economy grew at an annualized 1.1% in the April–June quarter, significantly below the 2.0% market forecast. Private consumption was essentially flat, while capital spending declined 1.2%, highlighting weakness in domestic demand. The data comes as rising import costs and inflation pressures keep the Bank of Japan under scrutiny over its next interest-rate decision.
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Japan’s Economy Slows As 1.1% GDP Growth Raises Fresh BOJ Rate Hike Questions | DWS News | AD14
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