{"id":56459,"date":"2021-12-08T13:45:36","date_gmt":"2021-12-08T09:45:36","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=56459"},"modified":"2021-12-08T13:45:40","modified_gmt":"2021-12-08T09:45:40","slug":"japans-economy-shrank-3-6-yoy-in-q3","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/japans-economy-shrank-3-6-yoy-in-q3\/12\/08\/market-updates\/","title":{"rendered":"Japan&#8217;s Economy Shrank 3.6% Yoy in Q3"},"content":{"rendered":"\n<p>The Japanese economy contracted in the third quarter of 2021 by 3.6% on an annual basis and 0.9% on a quarterly basis, due to a decline in per capita consumption, which constitutes one of the basics of the equation for calculating the GDP of countries.<\/p>\n\n\n\n<p>This per capita consumption decreased by 1.3%, down from a decline of 1.1%, due to the decrease in spending on durable goods and services with the developments of the Corona pandemic.<\/p>\n\n\n\n<p>It is reported that per capita consumption constitutes about half of Japan&#8217;s GDP.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Japanese economy contracted in the third quarter of 2021 by 3.6% on an annual basis and 0.9% on a quarterly basis, due to a decline in per capita consumption, which constitutes one of the basics of the equation for calculating the GDP of countries. This per capita consumption decreased by 1.3%, down from a &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52183,"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-56459","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\/56459","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=56459"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56459\/revisions"}],"predecessor-version":[{"id":56460,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56459\/revisions\/56460"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52183"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=56459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=56459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=56459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}