Japan says economy grew at 4.0% annualised pace in first quarter of 2008; Wholesale prices surged to a 27-year high
Jun 11th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Japan said Wednesday its economy grew at a 4.0 percent annualised pace in the first quarter of 2008 and wholesale prices rose at the fastest rate in 27 years, signaling soaring energy costs may erode corporate profits and trigger an end to the economy's longest postwar expansion.