Japan Cuts Growth Outlook to 1.8% on Slowing Capital Expenditure
Japan’s Q1 economic growth was revised down as weaker business investment more than offset better consumer spending and trade, with annualized GDP lowered to 1.8% from 2.1% and quarterly growth trimmed to 0.45% from 0.51%.
Japan’s Q1 economic growth was revised down as weaker business investment more than offset better consumer spending and trade, with annualized GDP lowered to 1.8% from 2.1% and quarterly growth trimmed to 0.45% from 0.51%.