Japan-economy: Q2 expansion outpaces estimates; output avoids recession
9 hours ago
Japan's economy demonstrated resilience in the April-June quarter, achieving 0.3% growth despite US tariff pressures. This positive performance, exceeding market expectations, was fueled by robust exports and a narrower trade deficit. While offering relief to Prime Minister Ishiba, economists caution about future risks from global trade tensions and potential impacts on the auto sector.
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