Japanese Economy Minister Kiuchi:
no change to view after Q3 GDP data that the economy is gradually recoveringwill compile an economic stimulus plan swiftly
The terrible data is here:
Japan Q3 GDP -0.4% q/q (expected -0.6%). Preliminary reading.Japan’s economy contracted for the first time in six quarters
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Earlier:
Japan expected to unveil ¥17tn stimulus focused on cost relief and AI–chip investment
This article was written by Eamonn Sheridan at investinglive.com.