Japan 's economy returned to contraction phase, after the quarterly gross domestic product recorded a fall, is the second consecutive year , and amounted to 0.2%, according to preliminary government estimates released by the government Monday.
Government estimates showed that the gross domestic product of the country's record in the third quarter of the year, the proportion of the same decline that was recorded in the second quarter, 0.2%, to enter the third largest economy in the world recession, after quite a year of similar stage witnessed Japan in the midst of painful to the action taken by the government, then increase the value added tax ratio.
Poses this negative development setback for Prime Minister Shinzo Abe said second economic contraction seen in the country came to power three years ago, and adopted at the end of 2012 an ambitious strategy for economic advancement, dubbed "Abinomaks" wipes, especially softened monetary policy and structural reforms.
And the percentage change came in the third quarter was higher than they expected in the experts report by Bloomberg News economic,
since they were expecting a decline in growth in the third quarter by 0.1% compared with the second quarter.
She said government figures show that household consumption, which accounts for 60% of gross domestic per- improved slightly by 0.5% after it was dropped in the second quarter by 0.6%.
But experts expect widely to return the country to growth stage soon, thanks to the economic stimulus measures intended to Abe applied.
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