Tokyo - Arab Today
Japan sidestepped a feared recession in the first quarter, preliminary data showed Wednesday, but the weak reading underscored how efforts to cement a firm recovery in the world's number three economy are stumbling. Gross domestic product expanded by a slightly better-than-expected 0.4 percent between January and March -- 1.7 percent at an annualised rate -- after a contraction in the last three months of 2015. |