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المشهد العربي
Japan's economy grows 1.4% in Q2
Japan's economy grew by 1.4% year-over-year in the second quarter, surpassing the expected 1.1%. Government spending, which increased by 6.9%, and the performance of the trade sector contributed to the growth, while consumer spending remained steady at initial levels despite ongoing living cost pressures. Capital expenditure experienced a slight decline of 0.9%. Additionally, data indicates expectations of the Bank of Japan raising interest rates soon, as bank lending continues to grow.
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