New Market Report: Japan Food & Drink Report Q2 2013
With leading indicators showing much-sought-after improvements in the Japanese economy, we believe the optimism following the regime change in Japan will help to drive a pickup in economic activity in 2013. As such, we have revised up our forecast for GDP to 1.4%, from a previous forecast of 0.9%. We have also revised up our forecast for private consumption, and now expect growth of 1.5% in 2013, up from our previous forecast of 0.6% but still much lower than the...
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