The Traderszone Network

Published in TZ Latest News 10 May, 2015 by The TZ Newswire Staff

Japan first-quarter GDP growth seen moderate, weak consumption a concern

Japan’s economy was expected to post a second straight quarter of moderate growth in January-March, led by a pickup in exports and business investment, a Reuters poll found, pointing if realized to a steady recovery from recession after last year’s sales tax hike. Annual expansion of 1.5 percent in gross domestic product (GDP) would match the rate of growth in October-December, translating into a quarterly increase of 0.4 percent, unchanged from the prior quarter, the Reuters poll of 22 economists found.

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