Japan ’s economy slips into recession due to weak consumer spending

Japan’s economy has contracted unexpectedly because of weak domestic consumption, pushing the country into recession and causing it to lose its position as the world’s third largest economy to Germany. Gross domestic product shrank at an annualized pace of 0.4% in the last three months of 2023,…#cabinetoffice
Source: Reuters: Health - Category: Consumer Health News Source Type: news