Pedestrians cross a road in Tokyo. The Japanese economy contracted at a record pace between April and June as Covid-19 restrictions curbed consumer spending. Photo: Reuters Pedestrians cross a road in Tokyo. The Japanese economy contracted at a record pace between April and June as Covid-19 restrictions curbed consumer spending. Photo: Reuters
Pedestrians cross a road in Tokyo. The Japanese economy contracted at a record pace between April and June as Covid-19 restrictions curbed consumer spending. Photo: Reuters
Japan

Japan’s second quarter GDP shrinks 27.8 per cent, as virus wipes out ‘Abenomics’ gains

  • Japan saw its sharpest second quarter contraction on record as economic activity slowed during the Covid-19 state of emergency
  • Meanwhile, Prime Minister Shinzo Abe visited a Tokyo hospital on Monday for a medical check-up, amid speculation over his health

Topic |   Japan
Pedestrians cross a road in Tokyo. The Japanese economy contracted at a record pace between April and June as Covid-19 restrictions curbed consumer spending. Photo: Reuters Pedestrians cross a road in Tokyo. The Japanese economy contracted at a record pace between April and June as Covid-19 restrictions curbed consumer spending. Photo: Reuters
Pedestrians cross a road in Tokyo. The Japanese economy contracted at a record pace between April and June as Covid-19 restrictions curbed consumer spending. Photo: Reuters
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