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2024-11-15 02:05:29

Layer3.news on Nostr: feeds.abcnews.com JAPAN'S ECONOMY GROWS FOR A SECOND STRAIGHT QUARTER ON THE BACK OF ...


JAPAN'S ECONOMY GROWS FOR A SECOND STRAIGHT QUARTER ON THE BACK OF CONSUMER SPENDING


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✍️ Japan's economy grew at an annual rate of 0.9% in the July-September period, driven by consumer spending and domestic demand.
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👉 Japan's economy grew 0.9% in the July-September period
👉 Consumer spending held up, driven by healthy household consumption
👉 Domestic demand grew at an annualized rate of 2.5%
👉 Exports grew 1.5%, helped by the weakening yen
👉 The economy is facing headwinds, including political uncertainty and potential interest rate hikes

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#KatsutoshiInadome #ShigeruIshiba #YuriKageyama #Tokyo #mainstream #world
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Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held up
https://abcnews.go.com/International/wireStory/japans-economy-grows-straight-quarter-back-consumer-spending-115883801

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