Japan upgrades Q3 GDP as global recession, COVID risks linger - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

📆 08/12/2022 05:22:00
📰 SABCNews

⏱ Reading Time:
20 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 51%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Japan’s economy shrank less than initially estimated in the third quarter, bolstering the view that the world’s number-three economy is slowly recovering from COVID-19 doldrums even as its major export markets show further signs of weakening.

Japan's economy unexpectedly shrank in the third quarter as global recession risks, China's faltering economy, a weak yen and higher import costs hurt consumption and businesses.Japan's economy unexpectedly shrank in the third quarter as global recession risks, China's faltering economy, a weak yen and higher import costs hurt consumption and businesses.

The economy may rebound in the current quarter due to easing of supply restrictions on microchips and cars, and lifting of COVID-19 border controls, boosting tourism, some analysts say. Before annualising, third-quarter GDP was down 0.2% on the previous quarter, compared with the initial contraction estimate of 0.3%. Analysts had expected a similar decline to the earlier reading.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Escrever Comentário

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Business Maverick: Asian stocks mixed with focus on Fed, China Covid: markets wrapAsian stocks were mixed on Tuesday as investors weighed unexpectedly strong US services data and China’s accelerated moves toward exiting its Covid-Zero policy.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »