( ) -q-25- UNDATED (Correspondent Jeremy House) “a 1.1% growth.” Japan’s economy has grown at an annual pace of 1.6% in the quarter through March. [CutID: <Cuts> JAPAN-ECONOMY-house-q-WEDam.mp3 Time: 25s Title: JAPAN-ECONOMY-house-q-WEDam Out-cue: a 1.1% growth] TAG: Correspondent Jeremy House reporting. The pace was also better than the market consensus forecast at 0.2%. The biggest […]
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Japan’s economy rebounds on healthy consumption as COVID restrictions ease, tourists arrive
( ) -q-25- UNDATED (Correspondent Jeremy House) “a 1.1% growth.”
Japan’s economy has grown at an annual pace of 1.6% in the quarter through March.
[CutID: <Cuts> JAPAN-ECONOMY-house-q-WEDam.mp3
Time: 25s
Title: JAPAN-ECONOMY-house-q-WEDam
Out-cue: a 1.1% growth]
TAG: Correspondent Jeremy House reporting. The pace was also better than the market consensus forecast at 0.2%. The biggest contributor to quarterly growth was private demand.
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VERBATIM: Data showed private demand rebounded after COVID-19-related restrictions were eased. Japan’s Cabinet Office says real gross domestic product, which measures the sum value of a nation’s products and services, grew 0.4% in the January-to-March quarter in the world’s third-largest economy. That was the strongest GDP growth pace since April-June 2022 marked a 1.1% growth.