Japan’s Q1 GDP contracted 0.5% Q/Q, less than expected

Japan's GDP shrank 0.5% q/q in Q1 of 2024, matching flash data while reversing from an upwardly revised 0.1% growth in Q4.  The Japanese economy contracted 1.8% on an annualized basis in Q1 of 2024, compared with a preliminary reading of a 2. ( read original story ...)