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Home Economy

Japan’s economy recovers to pre-pandemic level in second quarter

by Press Room
August 15, 2022
in Economy
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TOKYO — Japan’s economy recovered its pre-pandemic size in the April-June quarter with strong consumer spending after pandemic-related movement restrictions were lifted.

The world’s third-largest economy after the U.S. and China expanded 0.5% in the three months to June from the previous quarter. That compares with a flat reading in the previous quarter and consensus forecasts for a 0.6% expansion.

Read the full article here

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