Japan cuts growth forecast again for current fiscal year on weak exports
Inflatie
TOKYO : Japan's government on Friday lowered its GDP growth forecast for the current fiscal year as weaker exports drag on a fragile economic recovery. In its revised estimates, the Cabinet Office cut its inflation-adjusted gross domestic product growth forecast for the current fiscal year ending in March 2025 to 0.7 per cent from 0.9 per cent projected in July. The new downgraded forecast follows a similar cut to the outlook in July, but is still above private-sector forecasts for 0.5 per cent
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