Japan GDP contracted -0.9% in Q1, Nishimura expects significant slump

<p>Japan GDP contracted -0.9% qoq in Q1, better than expectation of -1.2% qoq. Following the -1.8% qoq contraction in Q4, the country was already in a technical recession for the first time in more than 4 years. In annualized rate, GDP contracted -3.4% in Q1, better than expectation of -4.6%. Economy Yasutoshi Nishimura warned “both […]</p>
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