World News

Japan’s fourth-quarter GDP likely weaker than in third quarter: economy minister

TOKYO (Reuters) – Japan’s gross domestic product in October-December was likely weaker than in the previous quarter due to the impact of the sales tax hike and a typhoon, Economy Minister Yasutoshi Nishimura said on Friday.

Nishimura, speaking to reporters, also said Japan’s economy was expected to pick up but the coronavirus outbreak could pose a risk to growth.

(Reporting by Kaori Kaneko; Editing by Chris Gallagher)