Tuesday, February 16, 2016

Japan’s Economy Weakens Further, Consumer Spending and Exports Down

 
Japan’s economy is in a worse state than feared.

Gross domestic product there shrank more than expected in the final three months of last year. Paradoxically that pushed up share prices on Monday as investors hope for more central bank stimulus, even though the feeling among analysts is that the Bank of Japan is running out of options.

GDP slumped 1.4 percent between October and December 2015 compared with the same period a year earlier. 

Click here for summary. 

Source: Euronews

No comments: