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Japan's economy to shrink 4.7% in 2020/21: BOJ

July 16, 2020 06:00 am JST 5 Comments

By CHARLY TRIBALLEAU

TOKYO

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5 Comments
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kurisupisu
July 16, 2020 09:21 am JST

The more I stay here the more depressed I get...

1 ( +2 / -1 )

Cricky
July 16, 2020 10:47 am JST

The early 90s sucked and the 2020s are shaping up to be the same.

1 ( +1 / -0 )

fxgai
July 16, 2020 11:00 am JST

A 5% contraction in economic activity actually looks like a positive result, to me. I was thinking it'd be more like a 10% contraction.

Maybe Abenomics was working after all!!

0 ( +1 / -1 )

FocusDis
July 16, 2020 04:45 pm JST

Japan has seen a 99.9% drop in international tourism; hence the drop in demand for f2f services.

-1 ( +0 / -1 )

Japan's economy to shrink 4.7% in 2020/21: BOJ