Japan's economy contracted at the fastest pace since 1955 as exports plunged and companies slashed production.
Japan's real gross domestic product shrank at an annual pace of 15.2 percent in the January-March period, worst performance since 1955..
Japan's real gross domestic product shrank at an annual pace of 15.2 percent in the January-March period, worst performance since 1955..
The government said early Wednesday that gross domestic product shrank 4% in the first quarter from the previous quarter, worse than the fourth quarter's 3.8% decline, and marking the fourth consecutive quarter of contraction.
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