The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Monday, December 10, 2012

Japan slips back into recession.

Japan's Q3 GDP fell an annualized 3.5%, worse than a forecast of -3.3%. With the government revising Q2 from growth to slight contraction, the country technically slipped into a recession. The current account surplus dropped to ¥376.9B in October, a bit better than the expected ¥218B, but off 25% from a year ago.

No comments:

Post a Comment