www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

WORLD> Asia-Pacific
Japan enters recession: official data
(Agencies)
Updated: 2008-11-17 09:10

TOKYO -- Japan's economy, the second largest in the world, slipped into recession in the third quarter as companies slashed investment to weather the financial crisis, official data showed Monday.

President George W. Bush, left, talks with Japanese Prime Minister Taro Aso during a plenary session on Saturday, Nov. 15, 2008, in Washington. [Agencies]

Japan's economy contracted by 0.1 percent in the three months to September, after shrinking 0.9 percent in the second quarter of the year, according to a preliminary estimate released by the Cabinet Office.

Gross domestic product (GDP) contracted at an annualised rate of 0.4 percent, it estimated.

The latest snapshot of Asia's biggest economy was gloomier than expected. Analysts' forecasts, on average, had been for modest growth of 0.1 percent quarter-on-quarter.

Japan joins Germany and Italy on the list of Group of Eight major economies that are officially in recession, which is usually defined as two or more consecutive quarters of negative economic growth.

Official figures showed Friday that the eurozone as a whole is also in recession.

The contraction in Japan's economy was mainly the result of a 1.7 percent drop in business investment in the third quarter.

After suffering a series of on-off recessions in the 1990s following the bursting of the economic bubble, Japan had been slowly recovering on the back of brisk exports and business investment.

Corporate profits, however, are now sliding as exports suffer from the global economic slowdown, prompting companies to slash investment in new equipment and factories, which had been a key driver of economic growth.

Analysts see little prospect of a recovery any time soon. The Japanese economy is expected to contract 0.1 percent in 2009, according to the Paris-based Organisation for Economic Cooperation and Development.

Japan's Nikkei stock index fell 1.30 percent in opening trade in the wake of the worse-than-expected economic data.

主站蜘蛛池模板: 国产a级午夜毛片 | 久久综合久久88 | 我要看a级毛片 | 亚洲免费视频一区 | 在线人成精品免费视频 | 亚洲精品二区中文字幕 | 亚洲精品高清国产麻豆专区 | 精品视自拍视频在线观看 | 欧美一级艳片视频免费观看 | free性欧美hd另类精品 | 欧美成人午夜做爰视频在线观看 | 超级香蕉97视频在线观看一区 | 久久综合久美利坚合众国 | 手机国产日韩高清免费看片 | 免费黄色一级网站 | 精品国产综合区久久久久99 | 日韩美女毛片 | 欧美亚洲国产人成aaa | 久草综合网 | 亚洲欧美综合一区二区三区四区 | fc2ppv在线观看| 亚洲视频在线观看地址 | 宅男69免费永久网站 | 亚洲国产一区二区三区四区 | 免费特黄 | 香蕉视频黄在线观看 | 九九视频只有精品六 | 欧美怡红院高清在线 | 国产一级做a爰片... | 国产日韩亚洲欧美 | 亚洲人成在线播放网站岛国 | 亚洲在线小视频 | 欧美黄www免费 | 亚洲成人免费观看 | 怡红院久久 | 久久久成人影院 | 67194成人在线观看 | 日韩一级一片 | 免费香蕉成视频成人网 | 国产一区亚洲欧美成人 | 99av视频|