Japan's economy avoided recession with a 0.4% annualized growth in Q4 2022, reversing a previous contraction.
Japan's economy avoided recession as it revised economic data higher, showing a 0.4% annualized growth in the final three months of 2022, reversing a previous contraction. The upward revision in capital investment figures, reflecting 2% growth, contributed to this outcome. This supports the case for the Bank of Japan to end its negative interest rate policy in March or April.
March 11, 2024
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