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Japan's economy falls into recession

Author
Lesley Deverall,
Publish Date
Tue, 18 Nov 2014, 6:54am
The Japanese economy has slipped into recession (Getty Images)
The Japanese economy has slipped into recession (Getty Images)

Japan's economy falls into recession

Author
Lesley Deverall,
Publish Date
Tue, 18 Nov 2014, 6:54am

The Japanese economy has slipped into recession.

Gross domestic product has shrunk by 1.6% in the three months ended September.

The result's worse than economists were expecting and could delay a planned sales tax hike and trigger new elections.

 

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