TOKYO (Reuters) - Japan's economy shrank in the first quarter at nearly double the pace expected, effectively slipping into recession as the devastating earthquake in March hit business spending and private consumption.
Reuters: Top News, Reuters
Wed, 05/18/2011 - 5:28pm
TOKYO (Reuters) - Japan's economy shrank in the first quarter at nearly double the pace expected, effectively slipping into recession as the devastating earthquake in March hit business spending and private consumption.