Japan has revised earlier estimates to show that its economy contracted at a 2.9% annual pace in the first quarter of the year, as meanwhile a survey by the central bank showed conditions remain sluggish.
  • Avid Amoeba@lemmy.ca
    4·
    3 months ago

    Title says growth, article paragraph says contraction. Yeah technically contraction is negative growth. Still misleading.

    • SaltySalamander@fedia.io
      11·
      3 months ago

      revises economic growth in 1Q downward

      This isn’t ambiguous. It means there’s a contraction.