Japans Economy Slowed in Second Quarter

GDP grew by 0.3 percent, down from one percent in the first quarter.


Japan's economic growth slowed in the second quarter as the eurozone crisis hurt exports and domestic consumption remained subdued.

Gross domestic product grew by 0.3% during the period from the previous three months. That is down from 1% growth in the first quarter.

Compared with the same period last year, the economy expanded by 1.4%.