Wall Street Journal |
Japan's Economy Contracts Sharply
Wall Street Journal TOKYO—Japan's economy contracted sharply in the second quarter after a sales-tax increase in April sent household spending tumbling, which economists said could pressure the government to take additional stimulus measures. Real gross domestic … Japan's Economy Shrinks the Most Since 2011 Quake on Tax Japan suffers biggest economic slump since 2011 quake as tax hike bites Japan's economy shrinks after sales tax rise |