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TOKYO—The Japanese economic system shrank lower than the U.S. and European economies did in the April-June quarter, however it fared worse than Asian counterparts.
Japan’s gross home product fell 7.8% in the second quarter of 2020 in contrast with the earlier quarter, the worst drop on document in the interval since 1980, when comparable information started to be accessible. The contraction was sharper than the earlier document of minus 4.8% in January-March 2009 after the worldwide monetary disaster.
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