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Japan's GDP to fall 0.9 percent in 2011: OECD

2011-05-25 00:00:00

Japan's economic growth will slow this year, said a 2011 Economic Outlook issued Wednesday by the Organization for Economic Cooperation and Development.


The Paris-based organization said the gross domestic product (GDP) of disaster-hit Japan is expected to fall 0.9 percent in 2011.


It also predicts that the country's economy will see a growth of 2.2 percent in 2012 as reconstruction activities are expected to buoy the economy.
(Source:http://news.xinhuanet.com)