Japan’s economy contracts 0.2% quarter-on-quarter in Q1

1 month ago 3

Kagenmi

Japan's GDP contracted by 0.2% quarter-on-quarter in Q1, marking the country's first economic shrinkage in a year and coming in below forecasts for a 0.1% decline and after a 0.6% growth in Q4, flash data showed.

On an annualized basis, the

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