Financial Times FT.com

Japan growth plunges to a 35-year low

By Mure Dickie in Tokyo

Published: February 16 2009 01:17 | Last updated: February 16 2009 18:42

Japan’s government faced pressure for another stimulus package on Monday after plunging exports pushed the country, the world’s second largest economy, into its worst slump in 35 years.

Economists see little prospect for a quick rebound after a quarter-on-quarter fall of 3.3 per cent in gross domestic product in the last three months of 2008.

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