top of page

JAPAN'S ECONOMY SLOWS IN Q3 ON TEPID CAPEX

  • NEWS Desk Global
  • Nov 15, 2024
  • 1 min read



Japan's economy expanded by an annualised 0.9% over the July-September quarter, government data showed on Friday, slowing from the previous three months due to tepid capital spending though an unexpected pickup in consumption added a bright spot.

The slower growth highlights the frailty of Japan's economy just as there is a growing risk of slowdown in the U.S. and further weakness in China which could weigh on exports.

Comments

Commenting on this post isn't available anymore. Contact the site owner for more info.
bottom of page