TOKYO Nov 12 Japan's economy shrank 0.9 percent
in July-September from the previous quarter, the first
contraction in three quarters, government data showed, in a sign
that faltering global demand and weak consumer spending may push
the economy into a mild recession.
The contraction was in line with the median estimate for a
0.9 percent fall, according to a Reuters poll, and followed a
revised 0.1 percent rise in the April-June quarter.
Japan's gross domestic product (GDP) figure translated into
an annualised decline of 3.5 percent, slightly bigger than the
median economist forecast of a 3.4 percent fall.