Japan upgrades Q1 GDP on solid capex

TOKYO  – Japan’s economy grew more than initially thought in January-March, revised data showed on Thursday, as a post-pandemic pickup in corporate and consumer spending helped offset the hit to exports from slowing global demand. With inflation running at a four-decade high, further growth in the world’s third-largest economy will depend on sustained wage hikes, … Continue reading Japan upgrades Q1 GDP on solid capex