TOKYO -- Japan's post-2012 economic recovery has passed its peak, according to 90% of top private-sector economists surveyed by the Japan Center for Economic Research.
The domestic economy, which entered a long recovery phase in December 2012, began hitting turbulence last year: the U.S.-China trade war and the consumption tax hike in October, to 10% from 8%. The survey suggests economists now see the coronavirus as the final blow to the long recovery.
