You are here

Japan's slowdown in Q2 signals lack of confidence in Abenomics: analysts

Economy inches up just by 0.2% on an annualised basis, hit by stagnant domestic demand and weak exports

Japan attributes the relatively weak GDP data to weak consumer spending and falling exports. It also says the economy is showing some weakness but continues to recover moderately as a trend.


JAPAN'S economic growth came almost to a halt in the second quarter of this year compared to the first quarter and while such comparisons often produce wide variations in gross domestic product (GDP), the underlying trends in the latest data raised new doubts about the success of...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to