Tag: quarters
Japan’s economy shrinks for the first time in 3 quarters
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Read more on Japan: https://sc.mp/0caj Japan’s economy contracted by 2.1 per cent during the third quarter of 2023, following an expansion in the previous two quarters. Analysts fear the country might slip into a recession. The contraction was sparked by a combination of high inflation, slowing exports and low pay rises that led to weak domestic…