[Breaking] Japan Q1 GDP Annualized Growth at -1.0%... Forecast -1.8%

[Asia Economy Reporter Kang Hee-jong] The Japanese Cabinet Office announced on the 18th that the real Gross Domestic Product (GDP) for the first quarter (January to March) of this year decreased by 0.2% compared to the previous quarter. Assuming this trend continues for a year, the annualized growth rate is expected to be -1.0%, which is higher than the forecasted -1.8%.