Japan Q1 GDP recap - economy stinks for first time in 2 years

Author: Eamonn Sheridan | Category: News

Stinks? Oh, sorry, my bad: Japan's economy shrinks for first time in two years

tee hee

A few other recaps of the poor economic growth data:
  •  private consumption and capital expenditure slowed
  •  economists expect a rebound in the current quarter as the global economy regains traction.
  • The contraction snapped an eight-quarter streak of growth that was the longest stretch of uninterrupted growth since a 12-quarter run that ended in 1989.

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