Asia home page | Asia Breaking News

Visit our special sections for latest developments and analysis:

Latest Japanese economic figures to be released today

Figures to be released today are expected to show that Japan's economy has been contracting for nine consecutive months.

As Tokyo Correspondent Mark Simkin reports, it's one of the country's worst recessions since the Second World War:

"The government will release GDP figures for the final three months of 2001, and most economists expect the figure will be negative. That means the world's second largest economy has been shrinking for three consecutive quarters one of the country's worst recessions on record. In recent days, there have been some faint signs of economic recovery sending the yen and stock market sharply higher but analysts believe it's too early to say that Japan has bottomed.

08/03/2002 09:49:34 | ABC Radio Australia News

More Asia Breaking News 23/03/2002 19:21:13 Japan demands answers from North Korea on abductions 23/03/2002 19:21:17 South Korean power workers vow to pursue strike 23/03/2002 18:16:21 US pulls out diplomatic staff from Pakistan 23/03/2002 12:20:56 US orders departure of non-essential personnel from Pakistan 23/03/2002 12:20:55 Top Vietnam policeman opposes death penalty 23/03/2002 12:20:51 Hanoi tells Washington to be more constructive on refugees

Back

Related Stories

08/03/2002 10:36:42
Japan's Prime Minister vows to return economy to growth

08/03/2002 06:39:39
Japanese PM vows to return economy to growth

07/03/2002 12:42:24
Modest quakes rattle northern Japan

07/03/2002 05:05:51
Anger over Japan's new whaling policy

Related Sites

World News from Radio Australia
News across Asia, the Pacific and beyond.