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Japan still in recession, but economy shrank at lower rate

TOKYO (AP) - Japan’s economy is still in recession but contracted at a smaller rate than initially estimated for the first quarter, according to government data released Monday.

The difference was largely because private sector demand had not dropped as much as previously estimated.

The Cabinet Office said the ...

from www.washingtontimes.com stories: Business & Economy https://ift.tt/2XENKKu

Japan still in recession, but economy shrank at lower rate Japan still in recession, but economy shrank at lower rate Reviewed by Riyad on June 07, 2020 Rating: 5

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