TOKYO -- Japan's economy will take longer than first expected to recover from last October's consumption tax hike, with the widening coronavirus outbreak weighing on both exports and consumer spending, economists say.
January-March real gross domestic product will grow at an annualized rate of only 0.5% from the previous quarter, based on the average forecast of 11 private-sector economists surveyed by Nikkei.
.JPG?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)