Japanese GDP and Exports: Japanese GDP was 3.9% in the second quarter, which was a good acceleration from the 1.9% growth rate in the first. Since then, the overall economic numbers have been a bit weaker, but not contractionary. Although currency devaluation was a central plank of Prime Minister Abe’s “three arrows” plan, it hasn’t translated into the desired level of export growth because most Japanese companies have moved a large portion of their facilities offshore. This may be changing, however. Toyota recently announced it is moving some of its
from RSS Feed http://ift.tt/1ExlXbO
via IFTTT
No comments:
Post a Comment