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Japan revises Q4 GDP lower, complicating BOJ’s interest rate outlook


Topshot – Customers insert an electronic shop in the Akihabara District of Tokyo on 12 January, 2024.

Richard A. Brooks | Afp | Getty images

The economic growth of Japan slowed to 2.2% on an annual basis in the fourth trimester, by completing the central bank case for another rate interest in the close term.

The revised data is arrived in addition to economic median forecasts and the initial estimate of the rise of the 2.8%. I am

On a quarter of quarter, GDP expanded 0.6%, compared to a rise of 0.7% in preliminary data Released last month, the office shaft of office is shown on Tuesday.

Japan’s bank is likely to maintain the policy rate stable to their next policy meeting on March 18-19, Reuters reported. I am Although the fee board could be discussed another rate path to just, because of pressure inflation from the wages of salon and stubborn in food costs.

The first Japanese minister Shiger Ishiba said Monday that the central bank was near the achievement of their 2% inflation target. “Japan’s bank takes several steps to get stable prices,” he said.

Since the central bank attempted to normalize their ultra-loose monetary policy last year, raised the short interest fees for a percentage to 0.5% in January – its higher level from the depth of global financial crisis in 2008. I am

Bank of Govoo Govoo Govanlu Uda and Other members of the rate table to get pointed over rate rate If inflation moves to everything toward their 2% inflation target.

The country’s body’s body returns recently saddled to its highest level from October 2008Eta, they loved invanding the country, a global seller in links, and also will not count on Japanese Vimbers

Japan’s head inflation has Stand over the 2% boj target for 34 months directwith the most recent figure in January suddenly to a high year of 4%.

The called “priyme” rate-rate rate

Separately, the Boj is killed to release the price index of the mercury the Wednesday, which measures the prices of the otherwise facts. The gauge is expected to show a decline of 19.1% of 19.1% per month, according to a dust refrain, while jumping 4.0% from one year before.

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– lim Hui Cnbc Jie contributed to this report.



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