Japan's GDP shrank 0.2% in Q1 on inflation, omicron wave

Economy has contracted in 3 of last 5 quarters; yet to return to pre-COVID level

MITSURU OBE, Nikkei Asia chief business news correspondent

May 18, 2022 09:03 JST

Updated on May 18, 2022 12:08 JST

TOKYO -- Japan's economy shrank in the first quarter of 2022, as it continues to swing between growth and contraction.

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