Bloomberg News

Japan’s Economy Shrank at 2.3% Annual Pace in Fourth Quarter

February 12, 2012

Feb. 13 (Bloomberg) -- Japan’s economy contracted at an annual 2.3 percent pace in the three months ended Dec. 31, the Cabinet Office said today in Tokyo. The median forecast of 26 economists surveyed by Bloomberg News was for a 1.3 percent decline.

--Editors: Paul Panckhurst, Peter Hirschberg.

To contact the reporter on this story: Keiko Ujikane in Tokyo at kujikane@bloomberg.net

To contact the editor responsible for this story: Paul Panckhurst at ppanckhurst@bloomberg.net


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