Japan Enters Recession; Japan Q4 GDP Shrinks 0.4% DESCRIPTION:

Japan's economy has slipped into recession, contracting for two consecutive quarters due to weak domestic demand. This downturn has cast a doubt on the central bank's plans to exit its ultra-easy policy this year. Japan’s unexpectedly weak economy in the fourth quarter was the result of a slowdown in spending by businesses and consumers, who are grappling with inflation at four-decade highs, a weak yen and climbing food prices.


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