Japan enters fifth recession in seven years in latest blow for Abenomics

The economy shrank by an annualised 0.8% in the third quarter, official figures showed, increasing the pressure on Shinzo Abe to turn the country around Japan has slid back into recession for the fifth time in seven years amid uncertainty about the state of the global economy, putting policymakers under growing pressure to deploy new stimulus measures to support a fragile recovery. Related: Abenomics 2.0 - PM updates plan to refresh Japanese economy