August 16, 2021
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7:38Now PlayingJapan’s economy returned to growth last quarter and avoided a double-dip recession. Gross domestic product expanding an annualized 1.3% from the prior quarter in the three months through June, bouncing back after shrinking in the prior quarter. Nominal GDP increased 0.1% from the previous quarter. Sayuri Shirai, a professor of economics at Keio University and a former Bank of Japan Monetary policy board member, discusses what the figures say about the state of the economy. She speaks on "Bloomberg Daybreak: Asia." (Shirai began speaking before the GDP figures were released.) (Source: Bloomberg)
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