Japan Contracts Third Straight Quarter; No Escape

Japan Contracts Third Straight Quarter; No Escape

February 14, 2013 0 By News Desk
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However, economists were wrong again as Japan fourth-quarter GDP shows economy still in recession Japan’s economy contracted for the third consecutive quarter in October-December, showing the country is struggling to escape from a mild recession and adding weight to the new government’s push for radical policy steps to revive growth.

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Japan Contracts Third Straight Quarter; No Escape