Japan GDP shrinks 0.9% in August from previous month: JCER

TOKYO -- Japan's real gross domestic product contracted 0.9% in August from the previous month, according to data released on Monday by the Japan Center for Economic Research.

The contraction -- the first in three months -- was driven by a fall in domestic demand. Household consumption fell 0.9% while corporate capital investment declined 1.7% in August from a month ago.