Japan heads towards recession

JAPAN - Japan's battered economy has tipped yet closer to recession, as new figures show it contracted 0.8% in the second quarter of the year.

The figure translates to a slippage of 3.2% in gross domestic product (GDP) in the year to June.

The government admitted that the economy has been hit across the board, with public and private sector, housing investment and exports all falling. Only consumer spending managed a slight uptick.

With little sign of improvement in the short term, most observers

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.