International Economic

Japan downgrades GDP growth forecast

By Benjamin Chiou

Date: Friday 01 Nov 2024

(Sharecast News) - Japan's Cabinet Office has cut its economic growth predictions for the second time in four months as slowing global demand weighs on exports.
The government now expects GDP to expand by just 0.7% during the current fiscal year to March 2025. This marks a downward revision from 0.9%...

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