Japan Q1 GDP shrinks 1.3%, hit by virus restrictions

TOKYO: Japan's economy contracted 1.3 percent in the three months to March after the government reimposed virus restrictions in major cities as infections surged, data showed Tuesday.

The quarter-on-quarter fall came after the world's third-largest economy expanded for two quarters to December. It was driven by a slowdown in consumption after the government introduced stay-at-home requests.