Monday, November 17, 2008

Economy: Japan officially in a recession

Japan's economy is officially in a recession.

Official data released Monday show the world's second-largest economy contracted by 0.1 percent in the three months ending in September.

This marks the second quarter in a row that Japan's economy has experienced a decline - there was a 0.9 percent contraction between April and June.
Published by Mike Hitchen, mikehitchenconsulting.com
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