{"id":54800,"date":"2021-11-15T14:00:58","date_gmt":"2021-11-15T10:00:58","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=54800"},"modified":"2021-11-15T14:01:02","modified_gmt":"2021-11-15T10:01:02","slug":"japans-economy-shrinks-more-than-expected-in-q3","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/japans-economy-shrinks-more-than-expected-in-q3\/11\/15\/market-updates\/","title":{"rendered":"Japan&#8217;s Economy Shrinks More Than Expected in Q3"},"content":{"rendered":"\n<p>Japan&#8217;s economy contracted faster than expected in the third quarter of 2021 as global supply disruptions and new COVID-19 cases impacted business and consumer spending, posing challenges to the new government&#8217;s plans in Tokyo for growth.<\/p>\n\n\n\n<p>Preliminary GDP data showed Japan&#8217;s economy contracted at an annual rate of 3% during the July-September period, after a revised 1.5% increase in the first quarter compared to the average market expectation of a 0.8% contraction.<\/p>\n\n\n\n<p>Gross domestic product (GDP) declined 0.8% on a quarterly basis, compared to market expectations for a 0.2% decline.<\/p>\n\n\n\n<p>Prime Minister Fumio Kishida plans to announce a large-scale economic stimulus package of &#8220;tens of trillions of yen&#8221;, but some economists have expressed doubts about its impact on growth in the near term.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s economy contracted faster than expected in the third quarter of 2021 as global supply disruptions and new COVID-19 cases impacted business and consumer spending, posing challenges to the new government&#8217;s plans in Tokyo for growth. Preliminary GDP data showed Japan&#8217;s economy contracted at an annual rate of 3% during the July-September period, after a &hellip;<\/p>\n","protected":false},"author":9,"featured_media":45913,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6939,6971],"class_list":["post-54800","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-japan","tag-nikkei"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=54800"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54800\/revisions"}],"predecessor-version":[{"id":54822,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54800\/revisions\/54822"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/45913"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=54800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=54800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=54800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}