16-02-2024, 11:46 AM
TOKYO, Feb 15 (Reuters) - Japan unexpectedly slipped into a recession at the end of last year, losing its title as the world's third-biggest economy to Germany and raising doubts about when the central bank would begin to exit its decade-long ultra-loose monetary policy.
On top of that, Its GDP fell an annualised 0.4% in the October-December period after a 3.3% slump in the previous quarter, government data showed on Thursday, confounding market forecasts for a 1.4% increase.
![[Image: chart.png]](https://www.reuters.com/graphics/JAPAN-ECONOMY/GDP/dwpkekaarpm/chart.png)
https://www.reuters.com/markets/asia/jap...024-02-15/
On top of that, Its GDP fell an annualised 0.4% in the October-December period after a 3.3% slump in the previous quarter, government data showed on Thursday, confounding market forecasts for a 1.4% increase.
![[Image: chart.png]](https://www.reuters.com/graphics/JAPAN-ECONOMY/GDP/dwpkekaarpm/chart.png)
https://www.reuters.com/markets/asia/jap...024-02-15/