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Feb172015

Japan's Economy Out Of Recession But Still In Doldrums - Yahoo News









Nikkei leads gains in Asia, hits 8-year high after GDP

But that was much weaker than the growth of about 4 percent expected by most economists, showing the reluctance of consumers and businesses to spend and invest. WHAT'S THE OUTLOOK? Over the past two years, Japan's government has undertaken unprecedented stimulus efforts that have yet to produce convincing results and were also set back by the April tax hike. Recent data are mixed. Demand for go here workers and machinery has increased and exports have risen. http://chrisxaek.newsvine.com But the private demand that accounts for about two-thirds of growth remains weak, suggesting the economy will be sluggish this year after flat-lining in 2014. Some estimates put growth at below 0.5 percent for this year and as low as 0.1 percent. WHAT DOES IT MEAN FOR THE WORLD ECONOMY? Japan is a major market for exporters in Asia, the Middle East and elsewhere.
Read more: http://news.yahoo.com/japans-economy-recession-still-doldrums-082121174.html




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