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Japan's economy growing, but political uncertainty is among risks

6 Comments
By YURI KAGEYAMA

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Japan’s economy grew at an annual rate of 2.9%, slower than the earlier report for 3.1% growth, in the April-June period, boosted by better wages and spending, revised government data showed Monday.

Yesterday's article: Spending flat and wages stagnant.

The weakening of Japan’s economic clout is a pressing concern for a nation

The LDP is all about the economic clout and not the prosperity of it's people.

-4 ( +3 / -7 )

3% expansion is pretty darn good for a population that is contracting.

The weakening of Japan’s economic clout is a pressing concern for a nation...

Why? the countries with the highest socio-economic conditions are overwhelming the likes of Norway, Singapore, Luxemburg, Denmark, Switzerland, etc. How about focusing on people's welfare rather than on the power of corporations' and governments'?

6 ( +7 / -1 )

Keep going Japan..

Let the haters bark..

-7 ( +1 / -8 )

political uncertainty? they know no matter who gets elected nothing will change

-5 ( +3 / -8 )

I doutht his figure of 3% strongly.

When population will reach 100 milllion inhabitants, Japanese politicians will keep telling economic growth is 3% and that old people are making plenty of innovations...

-7 ( +1 / -8 )

Monday’s GDP data showed domestic demand grew a robust 3.0% from the previous quarter on the back of healthy household consumption and private sector investments

Private consumption grew 0.9% Q/Q and capital investment rose 0.8% Q/Q, so where does 3% come from?

-1 ( +0 / -1 )

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