Japanese Economy Experiences the Worst Downturn in Four Years

Japan's economy contracted 2.5 percent in the third quarter of this year, July-September, which marks the worst downturn in the past four years.  The revised data released Monday was more than double the initial estimate of a 1.2 percent contraction. The slide is in part driven by a series of natural disasters that hit Japan, which forced factories to cut production, and contributed to lower consumer demand and corporate investment. To a lesser extent, the U.S.-China trade...

© La Voix de l'Amérique - lundi 10 décembre 2018