Home United States USA — Japan Japan’s economy is growing, but political uncertainty is among risks

Japan’s economy is growing, but political uncertainty is among risks

56
0
SHARE

Array
Japan’s economy grew at an annual rate of 2.9%, slower than the earlier report for 3.1% growth, in the April-June period, boosted by better wages and spending, revised government data showed Monday.
That shows clear risks remain, including U.S. economic growth, which greatly affects export-reliant Japan. Political uncertainty in Japan is another risk as the ruling party picks a new leader.
About a dozen candidates are seeking to succeed Prime Minister Fumio Kishida as head of the Liberal Democratic Party. The winner of its Sept.

Continue reading...