Tokyo, Aug 17, 2026 (AFP) - Weak Japan growth muddies waters for BoJ rate hike

NAMPA / AFP
2026-08-17
Japanese economic growth showed a surprise slowdown in the second quarter, official data showed Monday, as capital expenditure dropped along with consumption. The reading will complicate the central bank's attempts to lift interest rates as it battles a weaker yen, which has come under pressure from elevated oil import costs and concerns about Prime Minister Sanae Takaichi's spending plans. Gross domestic product (GDP) grew 0.3 percent on-month i......
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OPUWO, 14 August 2026 - Two of the four toilets at the Okarukoro Primary School that were handed over by the Wavena Fishing Company on Friday. (Photo: Kaviveterue Virere) NAMPA

OPUWO, 14 August 2026 - Two of the four toilets at the Okarukoro Primary School that were handed over by the Wavena Fishing Company on Friday. (Photo: Kaviveterue Virere) NAMPA

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CAPE TOWN, 13 August 2026 - Forensic workers dig up the gravesite of Namibian liberation struggle hero, Festus Nehale, at a cemetery in Cape Town, South Africa to exhume the remains for reburial in Namibia. (Photo Contributed: MICT) NAMPA

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CAPE TOWN, 13 August 2026 - The gravesite of Festus Nehale, who died 04 March 1971 in Cape Town, South Africa, draped with a Namibian flag before the exhumation of his remains for reburial in Namibia. (Photo Contributed: MICT)  NAMPA

CAPE TOWN, 13 August 2026 - The gravesite of Festus Nehale, who died 04 March 1971 in Cape Town, South Africa, draped with a Namibian flag before the exhumation of his remains for reburial in Namibia. (Photo Contributed: MICT) NAMPA

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Cape Town, 13 August 2026- Members of the Namibian government delegation, family members, and community representatives pose for a group photo at the cemetery following the successful exhumation of liberation struggle hero Festus Nehale in Cape Town, South Africa, on Thursday, 13 August 2026. (Photo Contributed: MICT) NAMPA

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