Japan Second-Quarter GDP Revision Sparks Recession Fears

Lai Tran September 8, 2019 0 Comments

Japan’s economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government’s planned consumption tax hike later this year. Ironically, the long delayed sales tax increase is expected to shrink Japan’s GDP output later this year, plunging the country closer to recession. Japan GDP Revised Downward Japan’s gross domestic […]