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Japanese economy

World news about “Japanese economy” published by euronews.

08/09 13:39 CET

Japanese economy shrinks consumer tax hike blamed

Japanese economy shrinks consumer tax hike blamed

The Japanese economy has shrunk some 1.8 per cent in the period April to June. The unexpected result has raised eyebrows about the government's economic policy. The contraction is the worst since the country was hit by the twin earthquake/tsunami strike in 2011. The fall is…