Japan Business Forecast Report Q4 2012 - New Market Research Report
Core Views The Japanese economy contracted an estimated 0.7% in 2011, and we expect growth to continue to come under threat as volatility in the external environment translates to swings in domestic economic activity. There have been few signs of any improvement in private consumption, and we therefore maintain our real GDP growth forecasts of 1.4% for 2012 and 2013. The massive changes in Japan's current account dynamics continue to push the country's current account balance towards zero and into...
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