Institutional Investor (October Issue)
“Japan’s back, baby! No, you’re not hallucinating…. The world’s third-largest economy may finally have put its deflationary past behind…. Gross domestic product expanded for six straight quarters through June, momentum not seen in more than a decade, and private consumption, which accounts for two thirds of GDP, rose nearly 1 percent in the second quarter.”
Tags: Deflationary, Economy, Expanded, GDP, Hallucinating, Japan, Momentum, Private consumption
New York Times (May 17)
“Japan’s economy, the world’s third largest, expanded at the fastest pace in a year during the first quarter on stronger private consumption and exports, complicating Prime Minister Shinzo Abe’s decision on whether or not to delay a planned sales tax increase next year.”