金融英语阅读:Japan’s GDP shrinks 1.1% in 4th quarter 2010
TOKYO, Feb. 14 (Xinhua) -- Japan's economy shrank an annualized real 1.1 percent in the fourth quarter of 2010, marking the first contraction in five quarters, the Cabinet Office said Monday.The October-December period figure, measured by gross domestic product, means a 0.3 percent fall from the previous three-month period.
The figures beat forecasts of an annualized 2.2 percent contraction and 0.6 percent quarterly decline in a Kyodo News survey.
Japan's real GDP grew 3.9 percent in 2010.
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