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Economy
In reply to the discussion: STOCK MARKET WATCH -- Thursday, 14 February 2013 [View all]xchrom
(108,903 posts)28. Japanese economy contracts for third straight quarter
http://www.bbc.co.uk/news/business-21454912
Japan's economy contracted for the third straight quarter in the three months to end of December, underlining the challenges the new government faces in reviving growth.
The economy shrank 0.1% compared with the previous three months. Most analysts had forecast growth of 0.1%.
That is equivalent to an annualised dip of 0.4% in gross domestic product.
Japan's growth has been hurt by a drop in exports to key markets as well as subdued domestic consumption.
Japan's economy contracted for the third straight quarter in the three months to end of December, underlining the challenges the new government faces in reviving growth.
The economy shrank 0.1% compared with the previous three months. Most analysts had forecast growth of 0.1%.
That is equivalent to an annualised dip of 0.4% in gross domestic product.
Japan's growth has been hurt by a drop in exports to key markets as well as subdued domestic consumption.
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Ms. Brown goes straight to the heart of the matter. The message needs to go viral.
Ghost Dog
Feb 2013
#20
EU exec Olli Rehn says euro states can have more time to cut deficits THAT'S BIG OF HIM
Demeter
Feb 2013
#15