Japan city Tokyo pandemic economy Government travelers growth Japan city Tokyo

Japan pandemic-hit economy returns to growth July-September

Reading now: 897
www.clickorlando.com

TOKYO – Japan's economy grew at an annual rate of 21.4% in the last quarter in a recovery from the shocks of the pandemic driven by both private spending and exports.

The world’s third largest economy had logged three straight quarters of contraction and was already in recession by the time the crisis hit.

Preliminary data from the Cabinet Office released Monday show a distant road to a full recovery. News that the economy returned to growth in the July-September quarter sent share prices higher in Tokyo.

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA