Japan's economy shrank less than expected by 0.4% in the quarter ending in September compared to the previous three months, supported by both private and government consumption.
Japan's Economy Shrinks by 0.4%
Japan's gross domestic product (GDP) fell by 0.4% in the third quarter compared to the second quarter. The decline was smaller than economists' forecasts, which had predicted a 0.5% contraction. The main factor preventing a sharper fall was an increase in spending from both private households and the government.
