Business

Japan’s economy is expected to shrink by 4.8% in 2020 due to covid

Japan’s economy grew in the fourth quarter of 2020, but not enough to keep the country from negative growth throughout the year. The economy surpassed expectations of a 3% growth between October and December compared to the same period in 2019. Growth, however, was significantly slower than in the previous quarter, when the economy grew…

Continue Reading Japan’s economy is expected to shrink by 4.8% in 2020 due to covid

Japan’s economy is expected to shrink by 4.8% in 2020 due to covid

Japan’s economy grew in the fourth quarter of 2020, but not enough to keep the country from negative growth throughout the year. The economy surpassed expectations of a 3% growth between October and December compared to the same period in 2019. Growth, however, was significantly slower than in the previous quarter, when the economy grew…

Continue Reading Japan’s economy is expected to shrink by 4.8% in 2020 due to covid