{"id":492293,"date":"2022-05-19T09:06:04","date_gmt":"2022-05-19T03:36:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=492293"},"modified":"2022-05-19T09:40:54","modified_gmt":"2022-05-19T04:10:54","slug":"japans-economy-contracts-in-first-quarter-as-energy-prices-soar","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/japans-economy-contracts-in-first-quarter-as-energy-prices-soar\/","title":{"rendered":"Japan&#8217;s economy contracts in first quarter as energy prices soar"},"content":{"rendered":"<p>Japan&#8217;s economy shrank at a worse than expected annual rate of 1 per cent in the first quarter, as rising prices and COVID-19 restrictions sapped spending and investment, according to data released Wednesday.<\/p>\n<p>Japan&#8217;s real gross domestic product, or GDP, the sum of the value of a nation&#8217;s products and services, contracted 0.2 per cent in January-March compared to the previous quarter, the Cabinet Office said.<\/p>\n<p>The world&#8217;s third-largest economy managed modest growth in the final quarter of last year, but the economy sank the quarter before that.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s economy shrank at a worse than expected annual rate of 1 per cent in the first quarter, as rising prices and COVID-19 restrictions sapped spending and investment, according to data released Wednesday. Japan&#8217;s real gross domestic product, or GDP, the sum of the value of a nation&#8217;s products and services, contracted 0.2 per cent in January-March compared to the previous quarter, the Cabinet Office said. The world&#8217;s third-largest economy managed modest growth in the final quarter of last year, but the economy sank the quarter before that.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-492293","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/492293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=492293"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/492293\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=492293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=492293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=492293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}