Japan's economy sees robust growth in Q2, led by strong exports while domestic consumption lags

Japan's economy grew 6% annually and 1.5% quarterly in Q2, exceeding expectations and marking the third straight quarter of expansion.
Growth was powered mainly by strong exports, especially auto exports, as global supply chains improved and overseas demand rebounded.
Domestic consumption declined due to high prices, with private spending falling 0.5%, indicating continued weakness in domestic demand.
The return of tourism also contributed to export growth as travel restrictions eased and borders reopened.
The Bank of Japan is maintaining its ultra-easy policy for now but may consider changes if momentum continues.