Japan`s gross domestic product (GDP) contracted more than first estimated in the July-September quarter, according to data released by Cabinet Office of Japan.
Japan`s GDP shrank at a 1.8% annual rate in the July-September quarter compared with the initial estimate of a 0.4% contraction.
Japan`s economy slipped into recession in the third quarter of this year with GDP contracting 0.5% from the previous quarter.
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