Global Economic News

Japan GDP Slips Less Than Expected In Q1

Japan's gross domestic product contracted an annualized 1.0 percent in the first quarter of 2022, the Cabinet Office said in Wednesday's preliminary reading.

That exceeded expectations for a decline of 1.8 percent following the downwardly revised 3.8 percent increase in the previous three months (originally 5.4 percent).

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by RTTNews Staff Writer

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