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★Japan Q2, full-year growth to be weaker than previously estimated- Reuters Poll

2022-06-08 | Japan: Economy

 

Japan Q2, full-year growth to be weaker than previously estimated- Reuters Poll
As reported by Reuters, Japan's economy will grow at a weaker rate than previously thought this quarter despite hopes for a strong rebound in consumption after showing resilience in the three months through March, a Reuters poll of economists showed.

The world's third-largest economy is at risk of being hobbled by slowing economic growth in China and a surge in global raw material prices - both issues that could hurt Japan's key manufacturing sector, the poll showed.

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