Japan is No Longer the World’s Third Largest Economy as Germany Takes Over

Japan is No Longer the World’s Third Largest Economy as Germany Takes Over Japan slips into recession and loses the world’s third-largest economy spot to Germany. The slip is being attributed to weaker consumer demand and the sharp fall in Japan’s currency Yen against the US dollar. The people of the East Asian nation are reeling under the rising cost of living and lower wages. Watch the video to know more. --- Japan | Recession | Economy | Japanese Yen | US Dollar | Germany | Firstpost | World News | Latest News | Global News | International News | Trending News #japan #recession #economy #usdollar #japaneseyen #germany #china #india #japannews #japannewstoday #firstpost #worldnews #latestnews #globalnews #internationalnews #trendingnews Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel. Subscribe to Firstpost channel and press the bell icon to get notified when we go live. @Firstpost Follow Firstpost on Instagram: Follow Firstpost on Facebook: Follow Firstpost on Twitter: Follow Firstpost on WhatsApp: