Japan upgrades Q2 GDP on stronger business spending

مصر أخبار أخبار

Japan upgrades Q2 GDP on stronger business spending
مصر أحدث الأخبار,مصر عناوين

TOKYO: Japan's economy grew faster than the initially estimated in the April-June quarter, helped by solid capital expenditure, although a resurgence in COVID-19 is undermining service-sector consumption and clouding the outlook.

  • 📰 staronline
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 75%

Revised gross domestic product data by the Cabinet Office released on Wednesday showed the economy grew an annualised 1.9% in April-June, beating economists' median forecast for a 1.6% gain and the initial estimate of a 1.3% expansion.

Still, Japan's economic recovery remains fragile due to slow COVID-19 vaccinations and as pandemic restrictions hamper private-sector activity. "The 1.9% April-June growth was not enough to push back the nearly 4% dip in January-March - less than a half of it," said Yoshiki Shinke, chief economist at Dai-ichi Life Research Institute."On average, 'stalling' could be the main description of Japan's economy during the first half of 2021."

Private consumption, which accounts for more than half of Japan's GDP, grew 0.9% in April-June from the previous three months, up slightly from a preliminary estimate of a 0.8% gain.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

staronline /  🏆 4. in EG
 

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Japan upgrades Q2 GDP on stronger business spending | Malay MailJapan upgrades Q2 GDP on stronger business spending | Malay MailTOKYO, Sept 8 — Japan’s economy grew faster than the initially estimated in the April-June quarter, helped by solid capital expenditure, although a resurgence in Covid-19 is undermining service-sector consumption and clouding the outlook. Revised gross domestic product (GDP) data by the Cabinet...
اقرأ أكثر »

Japan upgrades Q2 GDP on stronger business spending | Malay MailJapan upgrades Q2 GDP on stronger business spending | Malay MailTOKYO, Sept 8 — Japan’s economy grew faster than the initially estimated in the April-June quarter, helped by solid capital expenditure, although a resurgence in Covid-19 is undermining service-sector consumption and clouding the outlook. Revised gross domestic product (GDP) data by the Cabinet...
اقرأ أكثر »



Render Time: 2025-01-20 03:38:32