Japan’s Economy Slowing as Stimulus Wears Off

As forecasted by various analysts the boost that was the result from goverment stimulus appears to be sputtering in Japan.

Japan’s economic stimulus appears to be petering out after figures released today showed industrial output rose in August but at a slower rate for the fourth month in a row.

The data comes as Japan’s new government attempts to reconcile plans to cut spending and meet demands for an extra budget to drive the world’s second-biggest economy towards recovery.

The numbers are still positive for the Japanese economy, but the rate of growth is not as optimistic as previously expected.

The Guardian

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza