Japan’s Economy Shrinks At Fastest Rate Since 2014

44
777

Japan’s Economy Shrinks At Fastest Rate Since 2014

Japan’s economy shrank at the fastest rate in five years at the end of 2019 as it was hit by a sales tax rise, a major typhoon and weak global demand.

Annualised gross domestic product (GDP) fell by a much steeper than expected 6.3% in October-December.

Ghetto Love – Wizkid (Lyrics)

There are also concerns the coronavirus outbreak will mean the slump continues this quarter.

 

That has raised fears that the world’s third-biggest economy may fall into recession.

During the period Japanese consumer spending fell 2.9% after the country’s sales tax was raised in October to 10% from 8%. In the same month Typhoon Hagibis hit large parts of the country.

https://www.bbc.com

Last quarter, capital spending dropped by 3.7% and exports slipped 0.1% amid the ongoing US-China trade war.

Investors are now watching to see whether the economy will rebound after the coronavirus forced China to shut down factories and led to a big drop in Chinese tourists visiting Japan.

In response to today’s data economy minister Yasutoshi Nishimura said the Japanese government was ready to take all necessary steps to deal with the impact of the coronavirus outbreak on the economy and tourism.

In December Prime Minister Shinzo Abe’s government approved $120bn (£90bn) in spending aimed at cushioning the impact of the sales tax rise.

The shrink in GDP was the first in more than a year and the largest since a 7.4% fall in 2014, the last time Japan raised its sales tax.

Japan’s Economy Shrinks At Fastest Rate Since 2014

44 COMMENTS

  1. Oh my benefits! a fantastic post dude. Thank you Nonetheless I am experiencing concern with ur rss. Don?t understand why Unable to sign up for it. Exists anybody getting the same rss trouble? Anybody that knows kindly react. Thnkx

  2. Thanks for the strategies presented. One thing I additionally believe is credit cards supplying a 0 rate of interest often appeal to consumers in with zero interest, instant authorization and easy online balance transfers, however beware of the real factor that may void your current 0 easy road annual percentage rate and also throw one out into the very poor house quickly.

  3. This internet site is actually a walk-through for all of the details you desired about this and also didn?t understand who to ask. Peek here, and also you?ll certainly discover it.

  4. It is in point of fact a nice and useful piece of information. I am glad that you shared this useful info with us. Please stay us up to date like this. Thank you for sharing.

  5. I’m really loving the theme/design of your website. Do you ever run into any browser compatibility problems? A number of my blog visitors have complained about my site not working correctly in Explorer but looks great in Safari. Do you have any tips to help fix this problem?

  6. I am really inspired with your writing skills and also with the structure for your weblog. Is this a paid topic or did you modify it your self? Anyway keep up the nice high quality writing, it is rare to look a great weblog like this one nowadays..

  7. I am also writing to make you know of the terrific discovery my princess went through using the blog. She mastered plenty of issues, which included how it is like to have a marvelous helping mood to get others completely master chosen complex issues. You truly did more than readers’ expectations. Thank you for giving those warm and helpful, safe, informative and cool tips about that topic to Gloria.

  8. You really make it seem so easy with your presentation but I find this topic to be really something which I think I would never understand. It seems too complicated and extremely broad for me. I am looking forward for your next post, I’ll try to get the hang of it!

  9. I have noticed that costs for internet degree authorities tend to be an incredible value. For example a full 4-year college Degree in Communication with the University of Phoenix Online consists of 60 credits with $515/credit or $30,900. Also American Intercontinental University Online comes with a Bachelors of Business Administration with a total study course feature of 180 units and a worth of $30,560. Online learning has made getting the college diploma far more easy because you could earn the degree in the comfort of your dwelling place and when you finish from work. Thanks for all tips I have really learned through your blog.

  10. Thanks for sharing excellent informations. Your site is very cool. I am impressed by the details that you’ve on this blog. It reveals how nicely you perceive this subject. Bookmarked this website page, will come back for more articles. You, my pal, ROCK! I found just the info I already searched all over the place and just could not come across. What a perfect web-site.

  11. I?m satisfied, I have to state. Really seldom do I run into a blog that?s both enlightening and also amusing, as well as let me tell you, you have actually struck the nail on the head. Your suggestion is impressive; the problem is something that insufficient people are speaking wisely about. I am extremely happy that I came across this in my search for something connecting to this.

  12. You can certainly see your skills within the work you write. The arena hopes for more passionate writers such as you who are not afraid to mention how they believe. At all times go after your heart.

  13. Good post. I learn something more challenging on different blog sites everyday. It will certainly always be promoting to review content from various other authors as well as practice a something from their store. I?d like to use some with the material on my blog whether you don?t mind. Natually I?ll offer you a web link on your web blog site. Thanks for sharing.

  14. I have been browsing online more than three hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. Personally, if all webmasters and bloggers made good content as you did, the net will be much more useful than ever before.

  15. Pretty section of content. I just stumbled upon your blog and in accession capital to assert that I get in fact enjoyed account your blog posts. Any way I will be subscribing to your feeds and even I achievement you access consistently rapidly.

  16. Do you mind if I quote a couple of your articles as long as I provide credit and sources back to your website? My website is in the exact same niche as yours and my users would certainly benefit from a lot of the information you provide here. Please let me know if this ok with you. Thanks a lot!

  17. Great web site. Lots of helpful info here. I am sending it to several pals ans additionally sharing in delicious. And certainly, thanks to your effort!

  18. I would like to thank you for the efforts you have put in writing this blog. I’m hoping the same high-grade blog post from you in the upcoming as well. In fact your creative writing abilities has encouraged me to get my own site now. Really the blogging is spreading its wings rapidly. Your write up is a good example of it.

  19. What i don’t understood is in reality how you are not really much more neatly-appreciated than you may be right now. You are so intelligent. You realize thus significantly in relation to this matter, produced me in my opinion believe it from a lot of various angles. Its like men and women don’t seem to be interested unless it is something to do with Girl gaga! Your own stuffs outstanding. Always handle it up!

  20. definitely believe that which you stated Your most wanted justification seemed to be on the internet the easiest thing to be aware of I speak to you, I unquestionably become irked while people consider worries that they simply don’t understand about You managed to hit the nail upon the top along with as well defined out the entire thing without having side-effects , persons know how to take a signal Will likely be back to grow further Thanks

  21. I’m just commenting to let you know what a great discovery my cousin’s child obtained reading the blog. She noticed lots of things, which included how it is like to possess an amazing teaching character to get other folks effortlessly learn selected impossible topics. You undoubtedly exceeded readers’ expected results. Thank you for rendering such beneficial, safe, educational and even fun guidance on your topic to Lizeth.

  22. I’m really enjoying the theme/design of your blog. Do you ever run into any browser compatibility problems? A few of my blog readers have complained about my website not operating correctly in Explorer but looks great in Safari. Do you have any suggestions to help fix this issue?

  23. Even though We came up through this web site, My partner and i remarked that not merely can be my own computer not necessarily demonstrating the particular Feed correct though the one inch the kitchen at home is just too… Oh as well as webe gas grills master

  24. I am not sure where you’re getting your information, but great topic. I needs to spend some time learning more or understanding more. Thanks for wonderful info I was looking for this info for my mission.

  25. Wow, awesome blog layout! How long have you been blogging for? you made blogging look easy. The overall look of your web site is fantastic, let alone the content!

  26. It¡¦s really a cool and helpful piece of information. I¡¦m happy that you just shared this helpful info with us. Please keep us informed like this. Thanks for sharing.

  27. I simply could not go away your website prior to suggesting that I extremely loved the standard information a person supply on your visitors? Is gonna be back often to investigate cross-check new posts

  28. I loved as much as you will receive carried out right here. The sketch is attractive, your authored subject matter stylish. nonetheless, you command get got an edginess over that you wish be delivering the following. unwell unquestionably come more formerly again as exactly the same nearly a lot often inside case you shield this hike.

  29. What i don’t realize is in fact how you’re now not actually a lot more smartly-appreciated than you might be now. You’re so intelligent. You already know thus significantly in relation to this topic, produced me for my part consider it from numerous numerous angles. Its like women and men are not fascinated except it’s one thing to accomplish with Girl gaga! Your individual stuffs great. At all times care for it up!

  30. Have you ever thought about adding a little bit more than just your articles? I mean, what you say is important and all. However think of if you added some great visuals or videos to give your posts more, “pop”! Your content is excellent but with images and video clips, this site could undeniably be one of the greatest in its niche. Excellent blog!

LEAVE A REPLY

Please enter your comment!
Please enter your name here