Japan's Q2 GDP Growth Slows to 1.1%
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Insights by Echo AI
Japan's economy grew at an annualized rate of 1.1% in the second quarter, according to preliminary data from the Cabinet Office. This marks the third consecutive quarter of growth but fell short of expectations. In real terms, GDP rose 0.3% from the previous quarter, while nominal GDP increased 1.2% quarter-on-quarter.
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