Japan now officially in recession

19th May 2011, Comments 0 comments

GenevaLunch.com GENEVA, SWITZERLAND - Figures issued Thursday 19 May by the Japanese government show that after struggling in the post-earthquake weeks, the country’s economy has now slipped officially into recession, often defined by economists as two quarters running of falling GDP. Real GDP gross domestic product was down 0.9 percent for the first quarter, or 3.7 ...Japan now officially in recession © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

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