Economics
Japanese Consumers Help Prop Up Economy During Export Slump
- Growth is expected to have slowed sharply in second quarter
- Trade tensions, tax hike and China slowdown are among risks
A shopper carries shopping bags in the Ginza district of Tokyo, Japan.
Photographer: Akio Kon/BloombergThis article is for subscribers only.
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Japan’s economy slowed sharply in the second quarter but will still eke out some growth, thanks to the nation’s consumers.