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Japan's Economy Out Of Recession But Still In Doldrums - Yahoo News

Nikkei leads gains in Asia, hits 8-year high after GDP Over the past two years, Japan's government has undertaken unprecedented stimulus efforts that have yet to produce convincing results and were also set back by the April tax hike. Recent data are mixed. Demand for workers and machinery has increased and exports have risen. But the private demand that accounts http://carsonnbwf.sosblogs.com for about two-thirds of growth remains weak, suggesting the economy will be sluggish this year after flat-lining in 2014. Some estimates put growth at below 0.5 percent for this year and as (source) low as 0.1 http://jeffereymjdh.soup.io percent. WHAT DOES IT MEAN FOR THE WORLD ECONOMY? Japan is a major market for exporters in Asia, the Middle East and elsewhere. If consumer demand is strong in Japan it should mean more sales of consumer goods and commodities, since this resource-scarce country imports almost all of the oil and gas it consumes.
Read more: http://news.yahoo.com/japans-economy-recession-still-doldrums-082121174.html

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