Japan July-Sept GDP shrinks 0.2%, second straight quarterly fall: govt

Date:

The Japanese economy shrank 0.2 percent in the July-September period, the government said Monday, slipping into recession for the second time since Prime Minister Shinzo Abe came to power nearly three years ago.

The figure was marginally weaker than the market expectation for a 0.1 percent contraction, according to a Bloomberg News survey, and followed a similar decline in the previous quarter.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

‘Lord Jagannath Bhakt Of PM Modi’: Sambit Patra’s Slip Of Tongue Sparks Row

The viral clip shows Patra in a conversation with a private Odia channel where he could be heard saying that Lord Jagannath is PM Modi's bhakt (devotee)

News Mobile Morning Brief

Maliwal Assault Case: Delhi Police Take Bibhav Kumar To...

Maliwal Assault Case: Delhi Police Take Bibhav Kumar To CM Kejriwal Residence

New Delhi: Delhi Police on Monday took Bibhav Kumar,...

EAM Jaishankar Remembers Iranian President Raisi, FM Abdollahian’s Role In Chabahar Port Agreement

New Delhi: External Affairs Minister S. Jaishankar emphasised the...