Japan’s Economy Shrank 1 Percent as Consumers Fled Covid - The New York Times

The world’s third-largest economy lost momentum in the first three months of the year after the Omicron variant suppressed demand at home.

TOKYO Last December, after two years of stop-and-go growth, Japans economic engine seemed like it might finally be revving up. Covid cases were practically nonexistent. Consumers were back on the tow… [+1277 chars]

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