Showing posts with label Japan seen heading into recession: survey. Show all posts
Showing posts with label Japan seen heading into recession: survey. Show all posts
Japan seen heading into recession: survey
The triple disaster has lanced business confidence, reduced exports and discouraged consumer spending, the Nikkei business newspaper said after reviewing analysis from 11 major private economic institutions.
Recovery is not expected until the July-September quarter, the Nikkei said.
On average, the world's number three economy was seen shrinking 0.6 per cent in the January-March quarter from the previous three months, it said
09:36 | Labels: japan affairs, japan news, Japan seen heading into recession: survey | 0 Comments
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