News Japan economy shrinks 0.8% in Q3, back in recession

[Deepu]

Japan's economy slid back into recession in July-September as uncertainty over the overseas outlook hurt business investment, putting policymakers under growing pressure to deploy new stimulus measures to support a fragile recovery. Many analysts expect the economy to grow only moderately in the current quarter as companies remain hesitant to use their record profits for wage hikes, underscoring the challenges premier Shinzo Abe faces in pulling Japan sustainably out of stagnation with his "Abenomics" stimulus policies. The world's third-largest economy shrank an annualised 0.8 percent in July-September, more than a median market forecast for a 0.2 percent contraction, government data showed on Monday.

Read more at: Japan economy shrinks 0.8 percent in Q3, back in recession - Moneycontrol.com

 

[scorpionking76]

This will have impact on their investment plan directly to India

 

[IndianMascot]

Ye lo. Japan is itself in recession, what will then invest in India ................. Ghanta

 

[scorpionking76]

They will inaugurate the investments and return back as no funds available

 

[IndianMascot]

Ye Saale Japani were suppose to adopt some stations and make it world class na? Beware they take the existing infra too with them now.

 

[Sanjeev]

Ye Saale Japani were suppose to adopt some stations and make it world class na? Beware they take the existing infra too with them now.

They were supposed to help us in making bullet trains

 

[scorpionking76]

They can't even support bullock carts

 

[IndianMascot]