14 Hrs
Source:
وكالة الأنباء القطرية
Source: وكالة الأنباء القطرية
14 Hrsوكالة الأنباء القطرية
Source: وكالة الأنباء القطرية
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The Japanese economy experienced real growth of 1.1% during the first quarter of the current fiscal year up to June 30, supported by government spending to counteract rising prices. Data showed a 0.3% increase in seasonally adjusted gross domestic product (GDP) compared to the previous quarter, while private consumption declined by 0.02% for the first time in eight quarters. Business investments fell by 1.2% due to decreased demand for software. Exports increased by 0.5%, while imports dropped by 1.5% amid tensions in the Middle East and the closure of the Strait of Hormuz impacting oil shipments. This resulted in a 1.2% rise in nominal GDP, bringing the annual rate to 4.8%.
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