Japan Q1 GDP (revised) -2.9% (from -1.8%) ...Middle East

Worse economic contraction than was thought for Japan in Q1 2024.The government has revisited construction orders data and cut the GDP result even further. January - March real GDP annualised -2.9% vs previously revised -1.8%October -December 2023 real GDP revised to annualised +0.1% from previous +0.4%July September 2023 real GDP revised to annualised -4.0% from previous -3.7% This article was written by Eamonn Sheridan at www.forexlive.com.

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