Japanese government data on preliminary GDP figures for the January-to-March period shows that the country's economy shrank for the first time in 9 quarters.
The key survey by the central bank last month showed confidence among Japan's biggest manufacturers had slipped after 5 quarters of rises but the headline index still remained close to the highest level in over a decade.
Other pundits mentioned special factors that impacted growth in the first quarter.
Economy Minister Toshimitsu Motegi said there was no change to the government's view that the economy was recovering moderately, predicting a resumption in growth to be driven mainly by private consumption and capital expenditure.
Maruyama of SMBC Nikko Securities.
On a quarterly basis, Japan's gross domestic product dipped 0.2 percent, the Cabinet Office reported.
LeBron James came out with an incredible first quarter , scoring 21 of his team's 27 points to spark an early lead for the Cavs . In the end, James still had an incredible overall showing, going for 42 points, 10 rebounds and 12 assists for a triple-double.
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Middlesbrough hadn't even produced a shot on target until a controversial moment three minutes from time. "Great team spirit amongst the boys and like I said before, one more step and it will be the dream".
Lawsuits already have been filed by 16 other US states, Puerto Rico and New York City against the privately held company. The suit was filed in Travis County District Court and alleges deceptive trade practices allegations.
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