Japan's April-June GDP posts largest contraction in nearly 7 yrs

Japan's April-June GDP posts largest contraction in nearly 7 yrs

TOKYO, Japan - Economic and Fiscal Policy Minister Kaoru Yosano speaks during a news conference in Tokyo Sept. 12 after the government said the Japanese economy shrank an annualized real 3.0 percent in the April-June quarter, revised downward from an initially reported 2.4 percent, the largest contraction in nearly seven years. (Kyodo)

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