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Japan economy shrinks annualized 6.3 percent in Q4

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Christian Fernsby ▼ | February 17, 2020
Japan's economy shrank an annualized real 6.3 percent in the October-December quarter, the government said in a report today.
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Economy in Japan   Japan workers
The Cabinet Office said the contraction in inflation-adjusted gross domestic product for the three month period equates to a 1.6 percent decrease from the previous quarter.

Topics: Japan economy

The latest figures mark the first contraction in five quarters.