Скачать или смотреть Japan slips into surprise recession with GDP fall

More ammunition for critics of the economic policies of Japan's prime minister has become available with the news Japan is technically in recession with a Q3 GDP contraction of 1.6%.

While the Q2 dip of -7.3% in GDP could be explained by a rise in VAT to eight percent in April, the Q3 contraction is a surprise. Consumers appear unwilling to splash out, and after nearly two years of Shinzo Abe's "Abenomics", and a massive stimulus package, the economy seems as sluggish as ever. Exports are sque…
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