Tuesday, November 26

Recession: Japan loses its spot as 3rd largest economy to Germany

Japan's economy slips into recession due to anemic domestic demand, prompting central bank watchers to push back bets on when the nation's negative interest rate policy will end. GDP contracts for a second quarter, households and businesses cut spending, and Germany now has the world's third-largest economy. Cabinet Office reports a 0.4% contraction in GDP, economists had predicted 1.1% growth.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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