Japan's economy shrinks annualized 6.3 pct in Q4

0 Comment(s)Print E-mail Xinhua, February 17, 2020
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Japan's economy shrank an annualized real 6.3 percent in the October-December quarter, the government said in a report on Feb. 17.

The Cabinet Office said the contraction in inflation-adjusted gross domestic product for the three-month period equates to a 1.6 percent decrease from the previous quarter.

The latest figures mark the first contraction in five quarters.

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