Japan’s economy unexpectedly shrinks on hit from weak yen and COVID-19

Japan’s economy shrinks in third quarter on import costs

Japan’s economy shrank in the three months to September, official data showed Tuesday, due to high import costs and weak private consumption despite the end of Covid-19 restrictions. It follows three consecutive quarters of growth after an initial negative reading in the first quarter was revised upwards. Corporate investment was up in the period but […]

Japan's economy shrinks unexpectedly in third quarter

TOKYO: Japan's economy shrank in the three months to September due to slower-than-expected consumption, official data showed Tuesday, dashing hopes of another quarter of growth.Higher import volumes...

Japan's economy shrinks unexpectedly in third quarter

Japan's economy shrank in the three months to September due to slower-than-expected consumption.

Cost of living: Japan economy unexpectedly shrinks after yen slide

Consumer spending growth slowed as the weak Japanese currency made imports more expensive.

Japan’s economy shrinks as consumers hold back on spending

TOKYO (AP) — The Japanese economy contracted at an annual rate of 1.2% in the July-September quarter, as consumption declined amid rising prices. Seasonally adjusted real gross domestic product for the world’s third-largest economy shrank 0.3% on-quarter, according to government Cabinet Office data released Tuesday. The annual rate shows how the economy would have grown […]

Japan's economy shrinks as consumers hold back on spending

TOKYO (AP) — The Japanese economy contracted at an annual rate of 1.2% in the July-September quarter, as consumption declined amid rising prices. Seasonally adjusted real gross domestic product for […]