Tokyo, May 16, 2025 (AFP) - Japan's economy suffers first quarterly contraction in a year

NAMPA / AFP

2025-05-16

Japan's economy suffered its first quarterly contraction for a year in January-March, preliminary data showed Friday, and analysts warned Donald Trump's tariffs could tip it into recession if a deal is not struck. The 0.2 percent on-quarter shrinkage was more than expected and will deal a blow to Prime Minister Shigeru Ishiba ahead of parliamentary elections in July, with voters already angry over inflation and corruption within the ruling party.......

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