Japanese EcoMin defines contributors to Q1 expansion

FXStreet (Bali) - Japanese Economy Minister Amari is crossing the wires, noting that private consumption, capex, housing investment and pick up in exports were the main contributing factors to the upbeat Q1 GDP expansion.

Key headlines

Japan economy likely to recover moderately

Japan econmin amari: must be mindful of risks such as possible slowdown in overseas economies

Japan econmin amari: improvements in jobs, income conditions, as well as effect of oil price falls likely to underpin recovery

Japan econmin amari: private consumption, capex, housing investment grew, contributing to q1 gdp expansion

Japan econmin amari: exports contributed to economic growth due to moderate recovery in overseas economies