Arab Today, arab today japanese economy to contract 07 percent in 2011
Last Updated : GMT 20:57:22
Arab Today, arab today
Arab Today, arab today

Japanese economy to contract 0.7 percent in 2011

Arab Today, arab today

Arab Today, arab today Japanese economy to contract 0.7 percent in 2011

Washington - Xinhua

The Japanese economy is expected to shrink 0.7 percent this year mainly due to the natural disaster in March, the International Monetary Fund (IMF) said in a report released on Tuesday. \"The Great East Japan Earthquake and Tsunami on March 11, 2011 brought Japan\'s nascent recovery to a halt,\" said the IMF in its annual economic situation assessment of Japan. However, the world third largest economy is set to expand later this year. \"GDP growth is expected to slow to -0.7 percent in 2011 before rising to 2.9 percent in 2012,\" the 187-member international financial institution said. Headline inflation in Japan is projected to be around zero percent in 2011 and 2012, while underlying inflation- excluding food and energy- will likely remain negative as a result of the still wide output gap. The report noted that uncertainty surrounding the Japanese economic outlook is large with the risks mainly on the downside. The key risks facing the recovery are from delays in restoring electricity capacity and a slow pick-up in private demand. It said after a sharp contraction in the first half of this year, supply conditions are expected to normalize this summer and reconstruction spending to pick up steadily. The recovery is forecast to continue in 2012 as the resumption of exports lifts domestic demand and reconstruction spending continues. On spillovers, the IMF said that although policy spillovers from Japan on the global economy have been relatively limited in recent years, Japan remains an important contributor to regional growth and stability.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japanese economy to contract 07 percent in 2011 Arab Today, arab today japanese economy to contract 07 percent in 2011

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japanese economy to contract 07 percent in 2011 Arab Today, arab today japanese economy to contract 07 percent in 2011

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday