- Japan’s consumer spending is expected to fall by $19.3 billion.
- The loss would correspond to 0.40 percent of Japan's annual GDP in nominal terms.
- Japan's government has imposed a state of emergency in 11 prefectures.
- The Japanese economy is expected to shrink by 2.5 trillion yen or 0.4 percent of its annual GDP.
Economists in ....
Tags : JAPAN GOVERNMENT, JAPAN CONSUMER SPENDING, JAPAN ECONOMY, NOMURA RESEARCH INSTITUTE, JAPAN STATE OF EMERGENCY, DAI-CHI LIFE RESEARCH INSTITUTE, JAPAN GDP,