Trade Resources Economy Japanese Economy Showed a Slower Growth in 3q

Japanese Economy Showed a Slower Growth in 3q

Data from Japan’s finance ministry showed that Japanese economy increased 0.3% in Q3, 0.5% lower than expexted. The country's economy grew with an 11% annualized rate. And for this, Japanese government takes  measures to expand domestic demand and to promote the economic development.

It's reported that Japanese economy grew less slowli due to the private investment growth rate lower than expected. Experts said that despite the lower economic indicator, measures should be taken to make sure Japanese accelerated ecomomy growth.

Figures showed that capital expenditure and exports have improved. Before expanding domestic demand, Japanese economy should increase fast in Q4

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