Japan's economy fell into recession

Japan Economy

TOKYO - fallen into recession in Japan. This was after two consecutive quarters crash gross domestic product (GDP) of the country that are considered the world's third largest economy.

In July-September quarter, fell to 0.4 percent of the GDP of Japan. It's less than expected by analysts of 0.5 percent. Consequently expected to be further delayed by Prime Minister Shinzo Abe's intention that 10 percent tax hike.

Noticed that the April-June quarter, 1.9 percent of the GDP of Japan. (AFP)

Share on Google Plus

About Unknown

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.