Reuters |
A sudden, sharp contraction may be more than a blip
The Economist THE government of Shinzo Abe, Japan's prime minister, has put a brave face on the news that GDP shrank by 1.7% in the second quarter of this year. Akira Amari, the economy minister, blamed the fall, of an annualised 6.8%—the steepest since the … Despite gloomy numbers the economy still has bounce |