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Japan's economy shrinks in third quarter

Japan's economy shrank in the third quarter as natural disasters hit spending and disrupted exports.
 
The economy contracted by an annualised 1.2 per cent between July and September.
 
A devastating earthquake and typhoon were among the disasters to hit Japan this year, and prompted the bigger than expected contraction.
 
The slowdown also comes as the US and China fight a trade war which risks hurting global trade and growth.


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