Recovery: Japan’s Economy Falls Back Into Recession Again
November 17th, 2015Via: BBC:
Japan’s economy has fallen into recession again after it shrank 0.8% on an annualised basis in the third quarter.
The preliminary data means the world’s third-largest economy has contracted for a second consecutive quarter, marking a technical recession.
Growth was expected to decline after it fell a revised 0.7% in the second quarter on weak domestic demand.
Japan has been in recession four times since the global financial crisis.
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