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Geplaatst op 08-10-2018 10:08
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TOKYO， Aug. 15 (Xinhua) -- Japan's economy essentially stalled in the April-June quarter， expanding an annualized 0.2 percent in real terms with the figure coming in below economists' expectations， the government said on Monday. According to the Cabinet Office， the second quarter growth of the world's third-largest economy came in less than market expectations for between a 0.4 and a 0.7 percent expansion in the recording period. The government pointed to a slowdown in overseas economies， the strength of the yen and slumping private consumption as all contributing to the stagnation. Sluggish exports have been weighing on the economy， the latest economic data showed， with exports falling 1.5 percent in the quarter， following a 0.1 percent growth in the previous quarter， underscoring withdrawing overseas demand and the negative impact of the yen's protracted appreciation. 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