Japan's economy is likely to grow at a slower pace than previously thought throughout the rest of the fiscal year, a Reuters poll showed, as growing risks of a global economic slowdown and supply woes torment Japanese exporters.
Manufacturers in the world's third-largest economy are susceptible to the gloomier growth outlook in major trading partners such as the United States and China that are stoking recession and stagflation fears worldwide.
Analysts, however, still projected Japan's growth to stay positive throughout the fiscal year until next March, the poll showed, thanks to an expected recovery of consumption, which accounts for over half of the country's gross domestic product.
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