gdp growth: The data since suggests a somewhat stronger pace of recovery due to favorable real exports and business fixed investment, according to The Japan Times. Meanwhile, households' real consumption has not shown rising trends despite good employment conditions. GDP growth for January to March this year was 1 percent, slightly above the potential growth rate of around 0.8 percent. The underlying inflation the consumer price index excluding food and energy has remained in negative territory. First, the BOJ continues to insist that the timing of reaching about 2 percent is likely to be around fiscal year 2018 even though such a projection is rejected by almost all economists. Given this mixed performance, the issues surrounding the Bank of Japan's monetary easing framework have increasingly become complicated and uncertain.
(news.financializer.com). As
reported in the news.
Tagged under gdp growth, exports business topics.