Japan’s economy shrinks 0.2% in Q1 on trade drag, Omicron consumption hit

May 18, 2022 8:27 AM

TOKYO (BLOOMBERG) – Japan’s economy shrank in the first three months of this year as the Omicron variant swept across the nation, with lingering supply snarls and soaring import prices adding to the unfavorable conditions for businesses and households.

Source : https://www.straitstimes.com/business/economy/japans-economy-shrinks-02-in-q1-on-trade-drag-omicron-consumption-hit