LINKTV Newsline July 12, 2024
Terms. That is a bit worse than the preliminary figure of minus 27. 8 announced in august, which was already a record. Corporate Capital Spending was the biggest drag. Businesses are holding off from making investments due to the uncertain economic outlook. Personal consumption, which accounts for more than half of japans gdp, was hit hard as well. The quarter on quarter was revised to minus 7. 9 from minus 8. 2 announced earlier. Campaigning to choose the next leader of japans main ruling party and the country is officially getting under way. Three political heavyweights are vying to succeed ...