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Japan economy returns to black after first dip in two years: govt

AFP  |  Tokyo 

Japan's economy returned to growth in the second quarter following its first contraction in two years, official figures showed today, but fears of US trade wars clouded the outlook.

The world's third-largest economy grew 0.5 percent quarter-on-quarter in the April-June period, compared with a 0.2-percent decline in January-March, the said.

But analysts warned US-led trade wars could be a major risk factor for an economy still struggling to win a long battle against deflation.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 10 2018. 05:35 IST