Econbrowser: Japanese GDP contracts 3.3% q/q in 2008Q4

Or, 12.7% on an annualized basis. From Reuters: TOKYO (Reuters) - Japan's economy shrank 3.3 percent in the fourth quarter, the biggest drop since 1974 and further confirmation that the world's second-biggest economy is in a severe recession as the global economic crisis deepens. It was a bigger fall than the 3.1 percent contraction expected by economists and marked the third consecutive quarter o

[walwal]

こうしてグラフで見ると日本が一番ひどい状況なのがよくわかりますorz