Japan's economy shrinks on weak consumer spending, auto woes
TOKYO — The Japanese economy shrank at an annual rate of 2% in the first quarter of this year, as consumption and exports declined, the government said Thursday. Although unemployment has stayed relatively low in the world’s fourth largest economy at about 2.6%, wage growth has been slow and prices have risen partly due to […]
Japan's economy shrinks on weak consumer spending, auto woes Read More »