Japan's solid Q1 GDP faces reality check as Iran war threatens economy - Reuters
Japan's solid Q1 GDP faces reality check as Iran war threatens economy Reuters
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Notable Quotes
"Today's data shows the economy was on a solid footing before the Iran war, which means it has some buffers to weather the energy shock."
— Yoshiki Shinke , Executive
"The outlook for the coming quarters looks incredibly challenging, with the conflict pushing up commodity prices and inflation keeping real wage growth slow."
— Minoru Kiuchi , Politician
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<a href="https://news.google.com/rss/articles/CBMinAFBVV95cUxPWVMxVjZ6YW5uMThsaWN3UkJrMW1NdkszVG82bVViNzk3RFkyQ0hTTkdpeUpZcVlYOTBZY1hvOEM3T1piM2JTQ3JZbUstMnZOY0tLQWx3WUxaeVJrcmxwd3RucS1sbnBncUtENFU2b05NOFZkM1N1VEpCbGcwWGFuMXpUbGp6WUVIcXlVYWVhUE9UWFNiQmQ0U01RWlg?oc=5" target="_blank">Japan's solid Q1 GDP faces reality check as Iran war threatens economy</a> <font color="#6f6f6f">Reuters</font>
Japan's economy expanded at an annualized 2.1% in Q1, but the Iran war poses risks to future growth.
Japan's economy grew at an annualized rate of 2.1% in Q1, supported by increased consumer and government spending.
Japan's economy expanded faster than expected in Q1, supported by stronger private consumption and exports.
Japan's economy grew an annualized 2.1% in Q1, a sign of solid recovery before the energy shock caused by the Middle East conflict.
Japan's economy grew faster than expected in Q1 on solid exports and consumption, though momentum faces a severe test due to the Iran war energy shock.
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