Japan economy minister Yamagiwa on the contracting Q3 GDP data – optimistic for growth ahead

Japan’s economy contracted in the July to September 2021 quarter:

Economy minister Yamagiwa

  • says the economy
    continues to pick up but pace is weakening and needs policy support
  • economy expected to pick up
    ahead due to global recovery and resumption of economic activity
  • need to be mindful of downside
    risks from global supply constraints, rising commodity prices and
    covid-19 resurgence
  • will compile economic stimulus
    package robust enough to ensure stronger growth

On that economic package, this from earlier:

Japan's economy contracted in the July to September 2021 quarter:

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