TOKYO -- The Japanese economy has fallen into a "severe situation" and is "extremely depressed" from the coronavirus, the government warned Thursday, bringing down the curtain on years of optimism and the Abenomics-driven recovery since 2013.
Economy
Abenomics recovery stopped in tracks by coronavirus
Japan downgrades view to 'severe situation,' closing book on six-year run
The government's March report is the first in six years and nine months to not use the term "recovery." (Photo by Akira Kodaka)
Read Next
Latest on Economy
