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Japanese Economy Contracts 1.8% in Q1 2024, Revised Data Shows

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Japanese economy contracts 1.8% in Q1 2024, as revised data reveals sluggish spending by households and companies. Find out more about the impact on GDP.

Australia’s Economy Contracts in Q3; Rate Hikes Slow Demand

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Australia's economy contracts in Q3 due to declining household spending and weak exports, indicating that interest rate hikes are slowing demand. The Reserve Bank of Australia may hold off on further tightening monetary policy.

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Japanese Economy Contracts 1.8% in Q1 2024, Revised Data Shows

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Japanese economy contracts 1.8% in Q1 2024, as revised data reveals sluggish spending by households and companies. Find out more about the impact on GDP.

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