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Japan's GDP shrank during 1st quarter according to latest data

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Tokyo, May 18 (EFE/EPA).- Japan's gross domestic product (GDP) contracted 1.9 percent between January and March compared to the same period last year due to the impact of the Covid-19 pandemic, the government said Tuesday.The world's third largest economy also shrank by 1.3 percent with respect to the last quarter of 2020.Japan had ended 2020 with a 4.8 percent year-on-year drop in its GDP due to the effects of the crisis sparked by the coronavirus pandemic, according to preliminary data released by the Cabinet Office. (Camera: FRANCK ROBICHON).SHOT LIST: PEDESTRIANS WEARING FACE MASKS WALKING IN DOWNTOWN TOKYO, JAPAN.

Added on the 18/05/2021 14:00:00 - Copyright : EFE Inglés

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