Japan’s economy sinks into contraction as spending, investment decline
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japan has reported that its economy contracted at a 2.1% annual pace in July-September as consumption and investment weakened. Slowing wage growth in the world’s third-largest economy also sapped its vitality. The Cabinet Office said Wednesday in quarterly terms the economy contracted by 0.5%. The numbers
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