In the first quarter of this year, Japan's real gross domestic product showed negative month-on-month growth. Some Japanese economists pointed out that interest rates in the US dollar remained high, and interest spreads between Japan and the US caused the yen to depreciate, which is an important reason for this phenomenon. Preliminary statistics recently released by Japan's Cabinet Office show that in the first quarter of this year, Japan's real gross domestic product (GDP) fell 0.5% month-on-month, or 2.0% on an annualized basis. Hidetoshi Tashiro, chief economist of Japan Infinity LLC, said that in the first quarter, the “troika” that drives Japan's economic growth, consumption, trade, and investment all declined. (CCTV News)
日经济学家：日美利差是日本经济负增长重要原因
Japanese economist: Japan-US spread is an important reason for Japan's negative economic growth
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