The Barclays has raised its GDP growth forecast for Japan’s fiscal year ending in March 2025 from 0.3% to 0.5%. GDP data released earlier this week showed that the economy grew slightly faster than expected in the second quarter. Barclays economists said in a report, ‘We expect private consumption to recover as wage increases are higher than in the previous fiscal year, real household purchasing power has improved, and capital expenditure remains strong against a backdrop of strong corporate profits.’
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巴克莱:上调日本本财年GDPtăng lên预期
The Barclays has raised its GDP growth forecast for Japan’s fiscal year ending in March 2025 from 0.3% to 0.5%. GDP data released earlier this week showed that the economy grew slightly faster than expected in the second quarter. Barclays economists said in a report, ‘We expect private consumption to recover as wage increases are higher than in the previous fiscal year, real household purchasing power has improved, and capital expenditure remains strong against a backdrop of strong corporate profits.’