Sunday, May 6, 2007

Japan's Economy Probably Cooled in First Quarter as Companies Spend Less

(Bloomberg) -- Japan's economic growth probably cooled in the first quarter from the fastest expansion in three years as companies and consumers spent less.

The world's second-largest economy grew at an annual 2.7 percent rate in the three months ended March 31, according to the median forecast of 20 economists surveyed by Bloomberg News, slowing from 5.5 percent in the fourth quarter. The report is due May 17 in Tokyo.


Read more at Bloomberg Bonds News

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