HomeTag domestic demand

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On Monday, the Japanese Cabinet Office released the latest economic figures for Japan. Annualized Gross Domestic Product (GDP) was up 1.8%. In other words, the economy was 1.8% stronger than last year at the same time of year. The preliminary reading had been that there was only 0.2% growth, but the final number beat this out by a 1.6% margin. Economists had forecasted 0.7%; once again, the actual number was substantially above expectations. Domestic demand...