China-Singapore Jingwei client, May 18 (Xinhua) According to Kyodo News on the 18th, Japan's actual gross domestic product (GDP) in 2019 decreased by 0.1% from the previous year, and has shown negative growth again since 2014.
The initial value of gross domestic product (GDP) for the first quarter of 2020 (January to March) released by the Cabinet Office of Japan on the 18th shows that after excluding price change factors, real GDP fell by 0.9% from the previous quarter, which translates to a 3.4% annual rate. %, Showing negative growth for two consecutive quarters.
The epidemic has plunged the Japanese economy into a deep recession. Government data released on May 8 showed that due to the new coronary pneumonia epidemic, Japan ’s household expenditure in March fell the most in five years. After Japanese household spending fell by 0.3% year-on-year in February, it fell by 6.0% year-on-year in March. Reference News reported that this decline was slightly lower than the market forecast median (6.7%), mainly due to the decline in demand for travel, clothing and dining out.
On May 4th, Japanese Prime Minister Shinzo Abe officially announced that the deadline for the "Emergency Declaration" for the entire country will be extended to May 31st.
According to Kyodo News Agency, Prime Minister Shinzo Abe emphasized in the plenary meeting of the Senate on May 15 that although 39 states have lifted the declaration of emergency based on the New Coronary Pneumonia Special Measures Act, it is important to continue to take measures to prevent the spread of the epidemic. He said: "Before developing effective treatments and vaccines, it is necessary to prepare for the long-term struggle against the virus."
According to statistics from the Japan Broadcasting Association (NHK) TV station, as of 10:30 on the 17th (9:30 Beijing time), 57 new cases of new crowns were diagnosed in Japan within 24 hours, and a total of 16310 confirmed cases; 19 new cases of deaths were added. A total of 748 deaths. (Sino-Singapore Jingwei APP)