Japan avoids technical recession as economic growth figures revised
- Japan's economy grew by 0.4% in October-December, avoiding a recession due to increased capital expenditure.
- Private consumption fell by 0.3%, while external demand contributed 0.2 percentage points to real GDP.
- Inflation-Adjusted real wages shrank for the 22nd consecutive month in January, impacting domestic demand and private consumption.
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Leaning Left8Leaning Right5Center18Last Updated2 months agoBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 26%
C 58%
R 16%
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