TOKYO -- Japan's gross domestic product unexpectedly shrank for a second straight quarter, confirming that the nation's economy has now slipped behind Germany to become the world's fourth largest.
Economy
Japan GDP unexpectedly shrinks, loses spot as 3rd-largest economy
Nation slips behind Germany after second straight contraction
Commuters seen around Tokyo Station on Jan. 16: Weak consumption and capital investment, along with higher saving, point to continued economic sluggishness in Japan. (Photo by Nanami Sato)
Read Next
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Economy
