TOKYO -- Gross domestic product in Japan in May contracted 0.2% in real terms from the previous month, the Japan Center for Economic Research said Wednesday.
The second consecutive month-to-month contraction was blamed on a sharp 5.2% decrease in exports, especially those to the U.S. and China.
Capital spending showed a decline of 0.2 %. It was the first time in three months that capital spending has shrunk.
Consumer spending increased 0.6%, the first gain in two months.