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Japan slips into first recession in four-and-a-half years

The coronavirus pandemic has tipped Japan’s economy into its first recession in four-and-a-half years.

Monday’s first-quarter gross domestic product (GDP) data underlined the broadening effect of the outbreak, with exports plunging the most since the devastating March 2011 earthquake and tsunami. Global lockdowns and supply chain disruptions have also hit shipments of Japanese goods.

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