Japan: Expect second quarter GDP contraction

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Japan: Expect second quarter GDP contraction

Japan: Expect second quarter GDP contraction
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Japan: Expect second quarter GDP contraction

by CNBC Videos 2:56 mins

Izumi Devalier, Japan economist at HSBC, says a contraction of the Japan's second quarter GDP is "inevitable" but highlights that the fall back in spending was not as sharp as expected.

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