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Japan s Economy Contracts as Consumers, Firms Cut Spending

(Bloomberg) Japan’s economy shrank in the first quarter as consumers and companies cut spending, extending a dismal performance that stretches back to last summer and complicates the picture for the central bank as it mulls the timing of its next interest rate hike.Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptS&P 500 Tops 5,300 in Record-Breaking Stock Rally: Markets WrapUS Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Gove

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Japan s economy contracts annualized real 2 0% in January-March

Japan's economy contracted an annualized real 2.0 percent in the January-March period, shrinking for the first time in two quarters, government data shows.

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Japan s economy shrinks on weak consumer spending, auto woes

Japan s economy shrinks on weak consumer spending, auto woes
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Japan s Economy Shrinks on Weak Consumer Spending, Auto Woes

Japan s Economy Shrinks on Weak Consumer Spending, Auto Woes
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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Japan s economy shrinks on weak consumer spending, auto

Japan has reported that its economy contracted at an annual rate of 2% in the first quarter of the year, as spending and exports declined

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