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Japan diving headfirst towards recession, Germans witness a slump.

Published On 18 Feb 2020 05:59 AM


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The Japanese economy is heading towards a recession as the third-largest economy, saw a drop of 6.3 percent in the last quarter of 2019, while as Germany the world’s fourth-largest economy is expected to stumble as a result of weak consumer demand and cut in trades with china. The final quarter of 2019 witnessed Germany’s GDP falling down to zero and Japan’s GDP going deeper to ground at -1.6%

Bundesbank, the centra....


Tags : Japan, Japanese economy, Recession, Japanese recession, economy, Germany ,
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