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>> BANK OF JAPAN Latest News

FEB 13, 2013 - Yahoo! News

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Japan fourth-quarter GDP shows economy still in recession, pick-up eyed

TOKYO (Reuters) - Japan's economy contracted for the third consecutive quarter in October-December, showing the country is struggling to escape from a mild recession and adding weight to the new government's push for radical policy steps to revive growth. Gross domestic product (GDP) fell 0.1 percent in October-December from the previous quarter, compared with the median forecast of 0.1 percent expansion, according to a Reuters poll. The data is unlikely to affect the outcome of a Bank of Japan policy meeting that ends later in the day. ...

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