Japan economy shrinks annualised 1.4 pct in Q4 -govt
From reuters.com
Feb 15 Japan's economy contracted at an annualised rate of 1.4 percent in October-December, hurt by weak private consumption and housing investment, Cabinet Office data showed on Monday. The preliminary figure for gross domestic product compared with the median estimate of a 1.2 percent contraction in a Reuters poll of economists. It followed a revised 1.3 percent gain in July-September. On a quarter-on-quarter basis, the economy shrank 0.4 percent in the fourth quarter.
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