Japan remains in the doldrums. Growth is to be slow over the next year and a stronger yen is putting...
Japan remains in the doldrums. Growth is to be slow over the next year and a stronger yen is putting a hamper on exports. Andreas Schuster, fund manager at F&C, says the first quarter GDP result of 5.7% was a lot higher than anticipated. He thinks GDP will be revised down for the next quarter. According to Schuster, the methodology used to work out GDP for the first quarter cannot be viewed as reliable. He says the GDP figure was based on the figures obtained in the household consumer spending and export components of the survey. However, the sample used for consumer spending was v...
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