Japan slips into recession, loses third-largest economy title to Germany
日本经济陷入衰退，世界第三大经济体头衔被德国夺走
In a surprising turn of events, Japan slipped into recession toward the end of 2023, causing it to lose its spot as world’s third-largest economy to Germany. Japan’s GDP contracted by an annualized 0.4% during the October-December period, coming after a 3.3% decline in previous quarter. This development has led to uncertainty about when Japan’s central bank will start to phase out its long-standing ‘ultra-loose’ monetary policy. Last month, Germany’s GDP was $4.5 trillion while Japan’s stood at $4.2 trillion.
令人惊讶的是，日本在 2023 年底陷入衰退，导致其作为世界第三大经济体的地位输给了德国。日本的GDP在10月至12月期间按年率计算收缩了0.4%，而上一季度下降了3.3%。这一事态发展导致日本央行何时开始逐步取消其长期的“超宽松”货币政策的不确定性。上个月，德国的GDP为4.5万亿美元，而日本为4.2万亿美元。
