Japan April-June GDP grows 6.0%, fastest since 2020 but outlook murky

Japan's economy grew at a stronger-than-expected annualized real 6.0 percent in the April-June quarter on robust auto exports and a revival in inbound tourism, though an unexpected drop in private consumption cast a pall over the outlook, preliminary government data showed Tuesday.Real gross domestic product, adjusted for inflation, increased for the third straight quarter, marking the fastest growth since the October-December period in 2020. It increased 1.5 percent from the previous quarter.The data beat the average market forecast of a 2.41 percent expansion in a poll by the Japan Center…READ FULL ARTICLE