During the final months of 2015, Japan’s economy contracted. Many sectors deteriorated, such as consumption, housing investment and exports. Credit Kazuhiro Nogi/Agence France-Presse — Getty Images Japan ’s economy shrank in the final three months of 2015, the government said on Monday, undergoing a more severe contraction than experts had expected amid signs that global growth was stalling. The Cabinet Office said output in Asia’s second-largest economy declined by 1.4 percent in annualized, price-adjusted terms. Most sectors — from consumption and housing investment to exports — deteriorated. The decline in Japan’s gross domestic product was the second in three quarters, and was sharper than most private sector economists had forecast. Economists surveyed by Bloomberg had predicted a contraction of 0.8 percent, on average. With concerns about the health of the global economy sending shudders though the financial markets, Prime Minister Shinzo Abe is […]