Japan's economy shrinks annualized 6.3 pct in Q4
Xinhua
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TOKYO, Feb. 17 (Xinhua) -- Japan's economy shrank an annualized real 6.3 percent in the October-December quarter, the government said in a report on Monday.
File photo: CGTN
The Cabinet Office said the contraction in inflation-adjusted gross domestic product for the three-month period equates to a 1.6 percent decrease from the previous quarter.
The latest figures mark the first contraction in five quarters.