Strong decrease in Japanese GDP

Monday, 13 February 2012 02:17

The gross domestic product of Japan fell in last quarter of 2011 by a seasonally adjusted 0.6%, instead of 0.3% expected.

Third quarter showed 1.4% growth reading.

Annually GDP fell by 2.3% in last 3 months of 2011 after 7.0% growth in third quarter- Cabinet Office reported.