Japan's first quarter GDP decline likely smaller than initial estimates on firmer capex - Reuters poll
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TOKYO (Reuters) - Japan's first quarter economic contraction was likely smaller than initially estimated, a Reuters poll showed, thanks to stronger business spending although the country is still expected to slide deeper into recession this year.Analysts predict the economy is on course for its worst postwar slump in the current quarter as the coronavirus outbreak forced people to stay at home and businesses to close globally.Japan's Cabinet Office will release revised GDP data at 8:50 a.m. on..