Highlights
- Private consumption fell by 0.7%.
- Exports shrank 6%.
In the first quarter, Japan’s economic growth plunged into recession. The corona virus pandemic squelched production, exports, and spending. Experts raise concerns as they suggest that worse times may lie ahead.
According to government data released Monday,....
Tags : Japan Economy, Economy of Japan, Recession, COVID - 19, Corona virus pandemic, ,
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