KCSM Newsline February 14, 2013
Glad you could join us on this edition of newsline. Its thursday, february 14th. Im Catherine Kobayashi in tokyo. Japans Gross Domestic Product for the final quarter of 2012 shrank slightly in the october to december period. This is the Third Straight quarter of contraction. Gdp fell 1. 4 . The pace of decline was more moderate than the previous period when it was minus 3. 8 . Global demand was dragging down the economy. Capital spending went down Housing Investment showed growth of 3. 5 . Consumer spending was up due to strong sales of winter clother. Overall gdp rose 1. 9 for the previous ye...