Japan GDP Plunges 6.8%, Consumption Down 19.2%,  Private Investment Down 9.7%

Japan GDP Plunges 6.8%, Consumption Down 19.2%, Private Investment Down 9.7%

August 13, 2014 0 By News Desk
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In the wake of an inane sales tax hike Japan’s GDP Shrinks 6.8%, Most Since 2011 Gross domestic product shrank an annualized 6.8 percent in the three months through June, the Cabinet Office said. That was less than the median estimate of 37 economists surveyed by Bloomberg News for a 7 percent drop.

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Japan GDP Plunges 6.8%, Consumption Down 19.2%, Private Investment Down 9.7%