Japan is no longer the third-largest economy in the world. The Asian country has lost that position to Germany, after contracting for the last six months of 2023 and entering a recession. Official data shows that Japan's economy unexpectedly shrank due to weak domestic demand. This has raised uncertainty about the central bank's plans to exit its ultra-easy monetary policy this year. br br #economy #japaneconomy #indianeconomy #recession br ~HT.99~PR.147~ED.