TOKYO -- Japan's gross domestic product declined 0.6% in March from the previous month on a seasonally adjusted basis, according to estimates from the Japan Center for Economic Research, shrinking for the first time in two months as consumption decreases amid inflation.
Private consumption, the biggest contributor to the country's GDP, declined 1.0%. Housing investment and corporate capital investment were down 0.8% and 0.2%, respectively.
.JPG?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
