Business

Japan's economy shrinks


Tokyo, Feb 14 (IANS): Japanese economy dropped 0.4 percent in the final quarter of 2012, the third straight quarterly contraction on weak exports and business investment, the government data showed Thursday.

The fall in the October-December inflation-adjusted gross domestic product corresponds to a 0.1 percent decline from the previous quarter against the average projection of 0.2 percent gain, reported Xinhua.

In 2012, the country's real GDP -- the total value of goods and services produced domestically -- rose 1.9 percent from 2011, posting the first growth in two years.

Leave a Comment

Title : Japan's economy shrinks


 
 
 
 

 
You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.


Security Validation

Enter the characters in the image