Japan April-June GDP grows annualized 2.2% with lack of COVID curbs

TOKYO - Japan's economy in the April-June period grew a real 0.5 percent from the previous quarter, or an annualized 2.2 percent, on the back of recovering private consumption following the removal of coronavirus restrictions in March, government data showed Monday.Real gross domestic product, the total value of goods and services produced in a country adjusted for inflation, expanded for the third consecutive quarter following nearly flat growth in the January-March quarter, according to the preliminary report released by the Cabinet Office.Private consumption, which accounts for more than…READ FULL ARTICLE