Arab Today, arab today japan’s economy expands 19
Last Updated : GMT 02:27:35
Arab Today, arab today
Arab Today, arab today

Japan’s economy expands 1.9%

Arab Today, arab today

Arab Today, arab today Japan’s economy expands 1.9%

Japan’s economy expands 1.9%
Tokyo - Arab Today

Japan’s economy expanded at a 1.9 percent annual pace in January-March, helped by sustained consumer demand, according to revised data issued Wednesday.
The government earlier estimated the world’s third-largest economy grew at annualized rate of 1.7 percent. It said the improvement was mainly due to a better-than-expected level of corporate investment.
The quarterly rate of growth was raised to 0.5 percent from 0.4 percent.
The latest data showed private consumption, the biggest contributor to growth, rose 0.6 percent in January-March, compared with an earlier estimate of 0.5 percent.
Economists expect the economy to slow in the current quarter, and Prime Minister Shinzo Abe, facing a parliamentary election in July, judged the situation bleak enough to justify pushing back a planned April 2017 increase in the sales tax by two and a half years, to October 2019.
“While an improvement in business investment is positive for the economy, the strength of the Japanese yen and weak foreign demand may lead businesses to be more cautious about spending,” Bernard Aw of IG said in a commentary.
“Moreover, the relatively flat output compared to a year ago points toward an economy which is not doing well,” he said.
Abe has sought to spur growth by injecting massive sums of money into the economy through central bank asset purchases and government spending, with mixed success.
Inflation remains far from the official target of 2 percent, partly due to weak oil prices and partly due to sluggish domestic demand. A recent strengthening in the value of the yen against the dollar is meanwhile eroding corporate profits of the many Japanese companies whose business is mainly done overseas.

Such underlying weaknesses mean the Bank of Japan will likely need to expand its asset purchases further in coming months, said Marcel Thieliant of Capital Economics.
“For now, policymakers are facing a number of headwinds,” he said in a note.
The government is due to propose up to 10 trillion yen ($93 billion) in extra stimulus spending in the coming months.

Source: Arab News

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 japan’s economy expands 19 Arab Today, arab today japan’s economy expands 19

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 01:04 2017 Tuesday ,28 February

Nokia 3310 is back — and so is 'Snake'

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
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