Japan's Economic Growth Slows Amid Political Transition

Revised data shows a slight dip in Q2 GDP growth as the country prepares for new leadership.

Japan's GDP growth for Q2 is revised down to 2.9% annually, compared to an earlier estimate of 3.1%.
Domestic demand grew by 3.0% from the previous quarter, driven by household consumption and investments.
Exports saw a significant increase of 6.1%, surpassing initial estimates.
Political uncertainty looms as the ruling Liberal Democratic Party prepares to elect a new leader.
Economists predict gradual economic improvement, but external risks from the U.S. and China remain.