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Home invest in investing living frugal what to invest in Japan's economy shrinks at fastest pace in 6 years, virus clouds outlook (Reuters)

Japan's economy shrinks at fastest pace in 6 years, virus clouds outlook (Reuters)

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Summary:

  • Oct-Dec annualised GDP shrinks 6.3% vs f’cast -3.7%

  • Private consumption down 2.9% vs f’cast -2.0%

  • External demand adds 0.5 pct point to growth

  • Domestic demand knocks 2.1 points off growth

  • Some analysts warn Japan may slide into recession

Link : https://www.reuters.com/article/japan-economy-gdp/update-1-japans-economy-shrinks-at-fastest-pace-in-6-years-virus-clouds-outlook-idUSL4N2AE05X



Submitted February 16, 2020 at 07:32PM by ValeursActuelles https://ift.tt/2HqN9Dg
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