Japan’s economy bounces back as Covid restrictions ease

Economic output defies expectations to expand in Q2 – but analysts warn of contraction riskCoronavirus – latest updatesSee all our coronavirus coverageJapan’s economy recovered strongly in the second quarter to join the turnaround seen across G7 countries as the easing of lockdown restrictions sent consumers rushing to the shops.Beating the expectations of City analysts, the world’s third largest economy also capitalised on global trade’s return to health with a sur