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Japan's Q2 GDP shrinks annualized 27.8 pct, worst in decades

Xinhua News,TOKYO
2020-08-17 08:52

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TOKYO, Aug. 17 (Xinhua) -- Japan's economy in the April-June quarter shrank an annualized real 27.8 percent from the previous quarter due to the COVID-19 pandemic, which is the worst contraction in 40 years, government data showed on Monday.
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