Japan’s economy slows, missing growth forecasts

First publishedAug 17, 00:15 UTC

Last updatedAug 17, 09:45 UTC · 13m ago

100:15–00:34 UTC1 outletCNBC Top News102:28–02:47 UTC1 outletSeattle Times105:57–06:16 UTC1 outletAl Jazeera

00:1502:3805:0007:2309:45

CNBC Top News7Japan second-quarter GDP grows 1.1% on an annualized basis, missing expectationsAug 17, 00:15 UTCOpen ↗Seattle Times6Japan’s economy manages 1.1% growth rate despite headwindsAug 17, 02:44 UTCOpen ↗Al Jazeera7Japan’s economy slows, missing growth forecastsAug 17, 06:14 UTCOpen ↗

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Reported by 3 outlets — Al Jazeera, CNBC Top News, Seattle Times. See all sources ↓

Japan’s economy has slowed in the second quarter of the year amid moribund consumption and capital spending, according to official figures. Gross domestic product (GDP) grew 0.3 percent in the April-June period from the first quarter, data released by Japan’s Cabinet Office on Monday showed. It was the third consecutive expansion but was down from 0.5 percent growth in the previous quarter and missed the 0.5 percent growth analysts had forecast. On an annualised basis, the world’s fourth-largest economy expanded 1.1 percent.

Read the full report at Al Jazeera ↗

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  Japan second-quarter GDP grows 1.1% on an annualized basis, missing expectations

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  TypeCoverage

  Al JazeeraAug 17, 06:14

  CNBC Top NewsAug 17, 00:15

  Seattle TimesAug 17, 02:44

• Al Jazeera7↗
• CNBC Top News7↗
• Seattle Times6↗