Swiss Economicblogs.org
Fourth straight quarter of growth poses upside risk to our Japanese GDP forecast.The first preliminary reading of Japan’s real GDP growth for Q4 2016 came in at 1% q-o-q annualised, roughly in line with the consensus forecast of 1.1% but below the 1.3% growth in Q3. The growth in Q4 almost all came from external demand (+1.0%), while the contribution from domestic demand was virtually 0%. Japanese exports have shown clear signs of improvement in recent months, consistent with the export...
Read More »Japan: an export-led recovery is underway
