Japan July-Sept GDP shrinks annualized 1.8%, first drop in 6 quarters

Exports fall on Trump tariffs; residential investment also weighs on economy

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Housing investment in Japan went through wild swings this year as the government since April has mandated that all new structures have to meet tighter environmental standards.

JADA NAGUMO

TOKYO -- Japan's economy shrank 0.4% in July-September from the preceding quarter in inflation-adjusted real terms for an annualized decline of 1.8%, preliminary government figures released on Monday showed, marking the first contraction in six quarters.

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