Japan's Q2-Q3 GDP Growth Expected to Stall Amid Weak Consumer Confidence

GateNews

According to Capital Economics, Japan’s second and third quarter GDP growth is expected to stall, economist Marcel Tilien said today (May 19). Despite solid growth momentum in Q1, with household spending and business investment expanding quarter-on-quarter and exports outpacing import growth, the outlook has weakened. Government consumption slowed quarter-on-quarter, and consumer confidence has fallen sharply, limiting potential support from fiscal stimulus measures.

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