Japan August exports seen in sharpest fall in three years, core inflation to dip: Reuters poll

“Many export-reliant economies such as Japan have felt the pain from the U.S.-China trade dispute, which has already led to a slowdown in manufacturing activity and is seen weighing on Japanese business spending and earnings” writes Midwest Communications Inc for Japan’s economy grew in April-June, but at a slower-than-expected pace, revised data showed on Monday, as the U.S.-China trade war caused a decline in business spending.Adding to the challenges policymakers face, Japan’s core consumer inflation is seen in the poll as slipping to the lowest level in more than two years, largely thanks to weaker energy prices. Adding to worries about firms’ readiness to spend on factories, equipment and technology, a separate Reuters poll on Friday showed most Japanese companies have put capital investment plans on hold as trade risks grow.

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