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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The Japanese economy is entering a phase of deterioration

    Rocky
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    • Post n°1

    The Japanese economy is entering a phase of deterioration Empty The Japanese economy is entering a phase of deterioration

    Post by Rocky Wed 15 May 2019, 1:47 am

    The Japanese economy is entering a phase of deterioration

    The Japanese economy is entering a phase of deterioration 15157


    In a blow to Japanese Prime Minister Shinzo Abe ahead of the Senate next summer, Japan's economy fell for the first time in more than six years by 0.9 percent from February to March, according to the Japanese cabinet. 

    Which led statisticians to reduce their assessment of Japan's economy from "weak" to "deteriorating" - the lowest level in their assessments. 

    The government last used the lowest grade to describe the domestic economy in January 2013. 

    In the same vein, weakness in the economy's performance in March was driven by a drop in industrial production and slower shipments of consumer goods and investment goods in Tokyo. 

    The decline in the economic conditions index illustrates the growing side effects of the Sino-US trade war, with Japan severely hit in recent months as its exports to major Asian markets slow.


    The decline in Japan's economic performance came ahead of the Senate elections next summer and the start date of Abe's decision to increase the consumption tax from 8 to 10 percent this fall.


    http://economy-news.net/content.php?id=16631
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