Japan’s economy shrank an annualised 3.5 per cent

Japan’s economy shrank an annualised 3.5 per cent between July and September, the steepest decline since the earthquake-hit first quarter of 2011, as exporters suffered big falls in shipments to key markets such as China and Europe.

Read more at http://globaleconomicanalysis.blogspot.com/2012/11/japan-plunges-into-deep-recession-gdp.html#cwDkrSeSkUQeh0OW.99