Japan’s economy failed to grow on a quarterly basis during the April-June period, with gross domestic product (GDP) growth coming in at zero, missing forecasts.
On an annualized basis, GDP expanded 0.2 percent, slowing dramatically from the 1.9 percent spike in the first three months of the year.
A Reuters poll of economists had predicted an annualized increase of 0.7 percent and a quarterly rise of 0.2 percent.
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Craig Erlam
His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.
Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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