Fitch cuts the Japan's expansion forecast to 1.9%

Note: This section contains information in English only.
Source: Marketwatch
Fitch Ratings has lowered its forecast of Japanese economy's growth for this year from 2.2% to 1.9%. The agency reported that the decision was made because of statistical changes of the base year computation using the national accounts. Fitch also added that it expects slightly stronger domestic consumption growth in Japan amid the better incomes.


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