Japan private sector economic council members say cant overlook weak yean negative effects ...Middle East

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Japan private sector economic council members say cant overlook weak yean negative effects
more to come Japan's government cut growth forecast for the current fiscal year ending in March 2025 to a 0.9% expansion from a 1.3% gain projected in Januaryexpects the economy to grow 1.2% in fiscal 2025consumption took a hit from rising import costs due to a weak yenprojected growth to accelerate next year on robust capital expenditure and consumptionretaining its view the economy will sustain a domestic demand-led recoverySome members of the government's top economic council, however, voiced concern over recent weakness in consumption and the pain the yen's falls were inflicting on households. "We can't overlook the impact a weak yen and rising prices are having on households' purcha

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