Japan dropped a rank to become the world’s fourth-largest economy after a weak end to 2023, as growth in tourism spending failed to offset sluggishness in domestic private consumption and capital spending.
Wall Street Journal
Japan dropped a rank to become the world’s fourth-largest economy after a weak end to 2023, as growth in tourism spending failed to offset sluggishness in domestic private consumption and capital spending.
https://www.wsj.com/world/asia/japan-economy-shrank-slightly-in-final-quarter-of-2023-d026592a