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Japan economy shrinks more than expected, highlights lack of policy options
February 15, 2016 by publisher · Leave a Comment
Japan's economy shrank more than expected in the final quarter of last year as consumer spending and exports slumped, adding to headaches for policymakers already wary of damage the financial market rout could inflict on a fragile recovery. The data underscores the challenges premier Shinzo Abe faces in dragging the world's third-largest economy out of stagnation, as exports to emerging markets fail to gain…
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Japan economy shrinks more than expected, highlights lack of policy options