Japan slashes its view of the economy for the first time in five months

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Japan slashes its view of the economy for the first time in five months Japan GDP EconomicIndicator USDJPY Inflation

to near zero, if not contraction.”

“The government downgraded its evaluation of private consumption for the first time since September, saying the recovery appeared to be stalling lately.” “The government made its first upgrade of capital expenditure assessment in 10 months, reflecting robust business spending figures in fourth-quarter gross domestic product data.”

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