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Japan’s economy shrinks 1.8% in July-Sept
Tokyo: Japan fell into a deeper recession in the third quarter than first thought, the Government said on Tuesday, as exports weakened, domestic demand fell and companies bracing for a prolonged downturn pared inventories. Higher-than-expected The Cabinet Office said that Japan's economy shrank at an annual pace of 1.8 per cent in the July-September period, compared with its original estimate of