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Japan cuts its growth forecast for the fiscal year to 0.7% due to slow auto export recovery.
Japan has revised its growth forecast for the current fiscal year, reducing it to 0.7% from 0.9% due to slow recovery in automobile exports linked to certification issues.
This marks a slight decline from last year's growth of 0.8%.
Consumer prices are expected to rise by 2.6%.
For the next fiscal year, the government anticipates a growth of 1.2%, supported by increased private consumption and stable corporate investment.
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Japón reduce sus previsiones de crecimiento para el año fiscal al 0,7% debido a la lenta recuperación de las exportaciones de automóviles.