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Japan’s GDP contracts 0.2% QoQ in Q1 2025 vs -0.1 expected

The Japanese economy contracted by 0.2% QoQ over the quarter in the first quarter (Q1) of 2025, following a growth of 0.6% increase in the final quarter of 2024, the preliminary reading released by Japan’s Cabinet Office showed on Friday. Markets expected a 0.1% decline.

Japan Gross Domestic Product Deflator (YoY) above forecasts (3.2%) in 1Q: Actual (3.3%)

Japan Gross Domestic Product Deflator (YoY) above forecasts (3.2%) in 1Q: Actual (3.3%)
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Japan’s Kato says will discuss FX with US Treasury Secretary Scott Bessent

Japan’s Finance Minister Shunichi Kato said on Friday that he would seek to meet US reasury Secretary Scott Bessent to discuss foreign exchange. Kato added that excessive FX moves damage the Japanese economy.
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