Article 13Z69 Japan's economy shrinks again as Abenomics is blown off course

Japan's economy shrinks again as Abenomics is blown off course

by
Justin McCurry
from on (#13Z69)

Economy shrank at an annualised rate of 1.4% in the last quarter of 2015 - a contraction that was more severe than many had forecast

Japan's economy shrank at an annualised rate of 1.4% in the last quarter of 2015, new figures showed on Monday, dealing a further blow to attempts by the prime minister, Shinzo Abe, to lift the country out of stagnation.

Related: Market turmoil: Asian stocks soar despite Japan shrinking 1.4% - live

Related: Abenomics is in poor health after Nikkei slide - and it may be terminal

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