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Japan's GDP grew at an annual rate of 6% in the second quarter, significantly higher than market expectations

Recently, Japan's Cabinet Office released April to June Japan's gross domestic product (GDP) quick report value shows that the real seasonally adjusted value excluding the impact of price changes increased by 1.5%, which translates to growth at an annual rate of 6.0%, significantly higher than market expectations。Previously, it was widely expected that Japan's GDP grew at an annual rate of 2.9% ~ 3.Hovering between 1%。More than 80% of major Japanese companies are optimistic about the economy, supported by a recovery in personal consumption after the lifting of epidemic restrictions, and expect the Japanese economy to expand in 2024, according to a recent Japanese media survey。

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