Japan's economy shrinks at annualized GDP rate of 1% in Q1

일본 1분기 성장률 전분기 대비 0.2% 감소... 연간 환산 성장률은 마이너스 1% Japan's economy contracted in the first three months of 2022... for the first time in two quarters... as COVID-19 restrictions hit the service sector and prices surged. According to the Japanese government Wednesday... GDP decreased one percent on-year. By quarter, it was down point-2 percent. Analysts expect Japan's economy to recover in the second quarter as virus restrictions are lifted... but the war in Ukraine and the slowdown in China are dimming recovery prospects. #economy #Japan #GDP 📣 Arirang News(Facebook) :   / arirangtvnews   📣 Arirang News(Twitter) :   / arirangtvnews   📣 News Center(YouTube) :    / newscenter_arirangtv   2022-05-18, 12:00 (KST)