Japan second-quarter GDP grows 1.1% on an annualized basis, missing expectations
On an annualized basis, Japan saw growth of 1.1%, against estimates of 2%.
1 article from CNBC.
Japan's economy grew 0.3 percent in the second quarter, falling short of forecasts. On an annualized basis, the growth rate was 1.1%, below the 2% estimate. The slowdown was driven by weakness in consumption and capital spending.
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On an annualized basis, Japan saw growth of 1.1%, against estimates of 2%.