Japan's economy contracted in the July to September 2021 quarter:

Economy minister Yamagiwa

  • says the economy continues to pick up but pace is weakening and needs policy support
  • economy expected to pick up ahead due to global recovery and resumption of economic activity
  • need to be mindful of downside risks from global supply constraints, rising commodity prices and covid-19 resurgence
  • will compile economic stimulus package robust enough to ensure stronger growth

On that economic package, this from earlier:

Japan's economy contracted in the July to September 2021 quarter: