TOKYO, Feb 16 (Reuters) - Japan's economy shrank in the last quarter by its most since the first oil crisis in 1974, hit by an unprecedented slump in exports, which is likely to lead to more calls for extra stimulus steps to fight the deepening recession.
Following are highlights of the Japanese gross domestic product data:
-- The contraction of 3.3 percent, or an annualised 12.7 percent, was the largest since the first quarter of 1974, when the economy shrank 3.4 percent, or annualised 13.1 percent, in the aftermath of the first oil shock.
-- The economy has contracted for three straight quarters, the longest spell since 2001.
-- External demand made its biggest negative contribution in history, reducing the economy by 3.0 percentage points from the previous quarter.
-- Capital spending marked the biggest fall since the last quarter of 2001 and logged its fourth straight quarter of fall for the first time since that year.
-- The fall of 13.9 percent in exports was the largest ever, surpassing a 9.7 percent slide logged in 1975.
-- The rise in housing investment was the biggest since the second quarter of 1999, when it grew 7.3 percent. (Reporting by Masayuki Kitano)