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 Clifford Beaumont: Japanese Economic Growth Rises For 7th Consecutive Quarter- Clifford Beaumont: Japanese Economic Growth Rises For 7th Consecutive Quarter
- November 20, 2017
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Japan's economy has posted seven consecutive quarters of growth in what has been the longest run of growth in over a decade. Latest statistics showed gross domestic product (GDP) increased at an annualized rate of 1.4% in the 3rd quarter of 2017.
The latest quarterly numbers come after nearly 5 years of controversial economic stimulus by the Bank of Japan at the behest of Prime Minister Shinzo Abe. The expansion has been driven largely by a robust export sector buoyed by stronger global demand for Japanese products and has helped offset weaker consumer spending at home.
Analysts at Taipei, Taiwan-headquartered boutique brokerage, Clifford Beaumont say they believe the economy has harnessed healthy export demand which has been growing ...
- View more at: https://www.1888pressrelease.com/clifford-beaumont-japanese-economic-growth-rises-for-7th-co-pr-625415.html
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