Colosseum a.s. (Colosseum a.s.)
Commodities  |  August 13, 2012 16:20:28

Japanese economic growth lied

ColosseumThe Japanese government today said that in the second quarter was interannual annualized real GDP growth at 1.4 percent, which is considerably lower than analysts' expectations, at 5.5 percent. Household consumption has increased by at least the beginning of 2011, when land was sanctioned devastating earthquake. Not helped by state aid focused on the purchase of efficient vehicles. Is also a strong unpleasant just because of whom are lower-than-expected exports. Japanese only responds to the statistics of stagnation. Japan's third largest economy in the world.

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