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Back Fundamental analysis
Japan's GDP Leaves Much to Be Desired
The yen showed almost no reaction
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The yen showed almost no reaction to news that Japan's economic decline is strengthening Prime Minister Sanae Takaichi's resolve to develop an ambitious stimulus package, even though the central bank still intends to raise interest rates in the coming months.According to the data, Japan's real gross domestic product in the third quarter of this year fell by 1.8% year-on-year. Compared to the second quarter, GDP declined by 0.4%. Private residential investment and exports were among the key factors weighing on
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Jakub Novak,
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