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Japan's gross domestic productfalls 1.2-percent
Japan's gross domestic product has fallen 1.2-percent in the three months to December from the previous quarter.
The world's second-biggest economy contracted 4.5 percent during the fourth quarter year-on-year.
Caught in its worst post-war recession, Japan's economy shrank for three consecutive quarters in 2001 after declining point-five percent from July to September and 1.2 percent the previous three months.
GDP, the primary indicator of the status of the economy, measures total value of goods and services produced in a national economy over a particular period of time.
08/03/2002 12:56:19 | ABC Radio Australia News
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