Japan's coincident index suggests economy may be in recession
Japan’s coincident indicator index declined in March
and the government cut its assessment of the economy, a sign it may
already be in recession as the U.S.-China trade war and weak external
demand hurt activity.
Worries about the economy have grown as Japan’s exports and factory
output were hit by China’s economic slowdown and the escalating
U.S.-China trade friction, which had disrupted global supply chains.
