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Tag : Contraction

Business

Japanese economy shrinks by record 27.8% amid pandemic

NewsColony
The Japanese economy contracted at an annualised rate of 27.8 per cent in the second quarter, as the world’s third-largest economy was devastated by the...
Business

CBN: Economy contracted in May

NewsColony
Economic activities in manufacturing, production, new others and other indices contracted in May after recording at least 36 months of consecutive growth. The statistics department...