would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc.. 
Home
The Japanese economy rebounded sharply in the last quarter, helped by the reconstruction efforts after March’s devastating earthquake and tsunami, but the impact of fresh natural disasters and a persistently high yen cloud the nation’s growth outlook.
Japan’s gross domestic product (GDP) rose an annualized 6.0% in the July to September period, the Cabinet Office reported Monday.
Click to Play
The result marked the first expansion in four quarters and was broadly in-line with economists forecasts. A Reuters poll projected a 6.1% rise, while a survey by Dow Jones Newswires forecast a 5.9% gain.
On a quarter-on-quarter basis, GDP grew 1.5%.
Japan’s economy contracted 2.1% in the April-June period, in the wake of a massive earthquake and tsunami that struck the country on March 11.
An improvement in exports and consumer spending, as well as reconstruction spending helped the most recent result.
But the nation’s growth trajectory is expected to cool in coming months, as a persistently high yen and a still-weak global economy threaten its key export sector. The impact of recent flooding in Thailand has also hit output for many Japanese multinationals.
The Japanese yen eased slightly following the release of the data, with the dollar USDJPY -0.15% edging up to ¥77.24 from ¥77.18 just before the economic figures were
http://www.marketwatch.com/story/japans-economy-rebounds-in-third-quarter-2011-11-13?link=MW-FB
Japan’s gross domestic product (GDP) rose an annualized 6.0% in the July to September period, the Cabinet Office reported Monday.
Click to Play
The result marked the first expansion in four quarters and was broadly in-line with economists forecasts. A Reuters poll projected a 6.1% rise, while a survey by Dow Jones Newswires forecast a 5.9% gain.
On a quarter-on-quarter basis, GDP grew 1.5%.
Japan’s economy contracted 2.1% in the April-June period, in the wake of a massive earthquake and tsunami that struck the country on March 11.
An improvement in exports and consumer spending, as well as reconstruction spending helped the most recent result.
But the nation’s growth trajectory is expected to cool in coming months, as a persistently high yen and a still-weak global economy threaten its key export sector. The impact of recent flooding in Thailand has also hit output for many Japanese multinationals.
The Japanese yen eased slightly following the release of the data, with the dollar USDJPY -0.15% edging up to ¥77.24 from ¥77.18 just before the economic figures were
http://www.marketwatch.com/story/japans-economy-rebounds-in-third-quarter-2011-11-13?link=MW-FB
