Japan’s economy grew at an annual pace of 0.1% in October-December, in a downgrade from an earlier 0.6% increase, showing how the world’s third-largest economy was barely eking out growth.
The Cabinet Office’s revised figure for seasonally adjusted gross domestic product, or GDP, for the last three months of 2022 showed growth on quarter was flat, down from an earlier estimate given in February at 0.2% growth.
