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Recession

World news about “Recession” published by euronews.

08/12 13:45 CET

Japan’s Q3 figures revised down again as contraction sharpens

Japan’s Q3 figures revised down again as contraction sharpens

The rise in sales tax in April in Japan is having a longer-lasting dampening effect on consumers than first forecast. Business investment also fell in the third quarter, so figures have been revised down showing the economy shrank more than expected. This justifies Prime…