Another Package of Weak Japanese Economic Data

August 29, 2014

By Knowledge Leaders Team in Uncategorized

Today saw another weak package of weak economic data out of Japan. Some highlights were industrial production turning negative year-on-year, real personal income and consumption expenditure posting another round of deep year-on-year declines, and housing starts which continued to plummet year-on-year. As government stimulus continues to be curtailed throughout 2014 more weak data points are likely, which will probably increase the likelihood of more BOJ action.

Tags > Japan

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