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Published 2 months ago

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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