Japan economy shrinks historic 7.8% in April-June
08:32 UTC+8, 2020-08-17
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Japan's economy shrank a historic 7.8 percent in the April-June quarter, the worst contraction in the nation's modern history, as the coronavirus deepens economic woes.
08:32 UTC+8, 2020-08-17
0
Japan's economy shrank a historic 7.8 percent in the April-June quarter, the worst contraction in the nation's modern history, as the coronavirus deepens economic woes.
The contraction from the previous quarter was slightly worse than expectations but is still significantly less severe than declines seen in many other industrial economies, in part thanks to the looser restrictions Japan adopted on movement and commerce.
Source: AFP
Editor: Han Jing
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