Japan GDP Grows 0.4% in First Quarter, Beating Expectations

Photo: Collected

Photo: Collected

Japan's economy grew 0.4 percent in the first quarter of 2023, official data showed Wednesday, helped in part by a recovery in inbound tourism after pandemic border restrictions were lifted.

The figure beat market expectations of 0.2 percent, after the country's gross domestic product remained flat in the final three months of last year, reports UNB.

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