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- The world's third-largest economy shrank 7.9 percent in the second quarter of this year
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Слайд 2The downward revision comes with corporate investment weaker than in the preliminary
The downward revision comes with corporate investment weaker than in the preliminary
data released last month, as the coronavirus deepens the country's economic woes.
Japan's economy was in recession even before the coronavirus hit due to damage from a powerful typhoon last year, and a sale tax hike in October
Though, the country has seen a smaller coronavirus outbreak compared to some of the worst-hit places, with about 71,800 infections and fewer than 1,400 deaths.
Japan's economy was in recession even before the coronavirus hit due to damage from a powerful typhoon last year, and a sale tax hike in October
Though, the country has seen a smaller coronavirus outbreak compared to some of the worst-hit places, with about 71,800 infections and fewer than 1,400 deaths.