Japan's Q1 GDP Fell Less than First Reported on Revised Capex

MACROECONOMICS - TOKYO. Japan's economy contracted less than initially reported in January-March, due to upgrades in capital expenditure, government data showed on Monday.

Analysts expect the Japanese economy to have bottomed out in the first quarter, although a stubbornly weak yen and disruptions at major automaker plants continue to weigh on the outlook.

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