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Japan's third quarter recession deeper than estimated

Japan's third quarter recession deeper than estimated

Japan's economy shrank more than initially estimated in the third quarter of 2014, according to revised gross domestic product (GDP) figures. The economy contracted by 1.9% in annual terms from July to September, well above a preliminary reading of 1.6%. It also shrank 0.5% on a quarterly basis, compared with an initial estimate of 0.4%,...

Inflation drops slightly in February

Inflation drops slightly in February

The overall inflation rate has dropped by 0.06 percentage point to 7.44 percent in February, thanks to the price fall of non-food items. The inflation rate was 7.50 percent in January last year. Inflation rate on food items increased by 0.03 percentage point to 8.84 percent in February. In the previous month it was 8.81...

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