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09 Jun 2025
Japan's Q1 GDP contraction narrows on consumption improvement, revised figure shows
Summary: Japan’s Q1 GDP contraction narrowed to 0.2% annualized, driven by an upward revision in private consumption. However, analysts remain concerned about economic growth losing momentum, particularly due to uncertainty surrounding U.S. tariffs and their potential impact on exports and domestic demand. The Bank of Japan is closely monitoring tariff negotiations and their implications for monetary policy normalization.