Global Economy

Japan's economic minister Kiuchi says Japan's economy continues to recover moderately and it is necessary to closely monitor the impact of the situation in the Middle East

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Japan's 2026 recovery remains moderate, driven by 5% wage growth, but growth forecasts were cut to 0.9% due to Middle East-related oil price hikes and energy import dependency.

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Says: Economy is expected to benefit from improving employment, wages and government policy measures.

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