Article 4ZG3Y Japan's economy heading for recession, and Germany wobbles

Japan's economy heading for recession, and Germany wobbles

by
Phillip Inman
from Economics | The Guardian on (#4ZG3Y)

International trade slump and coronavirus outbreak combine to weaken consumer demand

Japan's economy is heading for a recession this year after figures showed the world's third largest economy slumped by an annual rate of 6.3% during the last quarter of 2019.

Germany, the world's fourth largest economy, is also expected to stumble as the coronavirus epidemic and a slump in trade with China combine with weak consumer demand to drag growth lower.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title Economics | The Guardian
Feed Link https://www.theguardian.com/business/economics
Feed Copyright Guardian News & Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments