Japan's economy shrinks
   
Quotes

Japan's economy shrinks

Last Updated: Thursday, February 14, 2013, 13:08
 
 Comment 0
 
Japan's economy shrinks
Tokyo: Japanese economy dropped 0.4 percent in the final quarter of 2012, the third straight quarterly contraction on weak exports and business investment, the government data showed Thursday.

The fall in the October-December inflation-adjusted gross domestic product corresponds to a 0.1 percent decline from the previous quarter against the average projection of 0.2 percent gain, reported Xinhua.

In 2012, the country's real GDP -- the total value of goods and services produced domestically -- rose 1.9 percent from 2011, posting the first growth in two years.

IANS




First Published: Thursday, February 14, 2013, 13:08


Comments


comments powered by Disqus
New Vento 2015
New Vento 2015
Audi all-new SUV Q3
Audi all-new SUV Q3
Indian Billionaire Daughters
Indian Billionaire Daughters
TOP 5  happy cities of India
TOP 5 happy cities of India
Forbes Top 10 Billionaires 2015
Forbes Top 10 Billionaires 2015

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved