9 Days
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الاقتصادية
Japan's economy stays steady despite lower business spending
Japan's economy grew at an annual rate of 1.8% in the first quarter of the year, despite corporate investment estimates declining to -0.7%. Domestic demand and trade, including demand for artificial intelligence products, are supporting the economy's resilience, with expectations that the Bank of Japan will continue to raise interest rates at its meeting next week. The economy faces challenges from a decline in consumer spending and rising import costs due to a weak yen.
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