Japan GDP Set To Confirm Slip To World’s Fourth-Largest Economy
6 Articles
6 Articles
Japan GDP Set To Confirm Slip To World’s Fourth-Largest Economy
(Bloomberg) -- Japan’s latest growth figures are set to confirm it slipped to fourth-largest economy in the world last year, a development that reflects the impact of its feeble currency and aging demographics.While the economy is seen returning to annualized growth of 1.2% in the fourth quarter after a bruising contraction in the summer, figures for the calendar year due Thursday are almost certain to show the value of output falling behind Ger…
According to Japan's expected 2023 growth figures, the country could slip to the fourth largest economy in the world in 2023, due to the impact of a weak local currency and an aging population.
The latest economic growth data shows that Japan has fallen to the fourth largest economy in the world, reflecting the impact of a weakened yen and an aging population.
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