Wednesday, December 8, 2010

Japan : additional signs of weakness in the economy

Sky is darkening over Japan's economy. Leading economic indexes, published December 7 by the Japanese government and the Conference Board, point towards an important slowdown in economic growth. Yet, third quarter results were good : GDP increase of 3.9 % (annual rate). But, the government leading indicator index is down in October for a fourth month in a row; the Conference Board leading economic index decreases also for a fifth month in the last six.

Details at : http://www.cao.go.jp/index-e.html
                http://www.conference-board.org/data/bcicountry.cfm?cid=5

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