Home Japan GDP to contract by 25% in Q2, worst on record – Goldman Sachs

Japan GDP to contract by 25% in Q2, worst on record – Goldman Sachs

Updated: 8 Apr. 2020 | 04:23

The Goldman Sachs Analysts express their take on the state of emergency declared in Japan and its implications on economic growth.

Key quotes

Annualized Q2 GDP to be down 25% QoQ.

Consumer spending to also fall 25%.

Exports to drop 60% in Q2.

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