Japan Finance Minister blames private consumption for causing GDP contraction

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Private consumption was the biggest factor for Japan's economic contraction in the January-March quarter, Finance Minister Taro Aso said on Tuesday.

FILE PHOTO: Japan's Deputy Prime Minister and Finance Minister Taro Aso, wearing a protective face mask, delivers his policy speech at the opening of an ordinary session of the parliament in Tokyo, Japan January 18, 2021.

Issei KatoAso told reporters after a cabinet meeting that the economy would resume a recovery ahead on the back of the government's stimulus measures and a pick-up in the global economy.Aso made the comment shortly after government data showed Japan's economy shrank an annualised 5.1per cent, posting the first contraction in three quarters.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 6. in RU

Россия Последние новости, Россия Последние новости