Friday, May 6, 2011

JAPAN - Economic growth in mast

The International Monetary Fund (IMF) has revised downwards the growth forecast for the Japanese economy, the daily listing. In its report on the outlook for the global economy 11 April, the IMF believes that "the macroeconomic impact of the tsunami and earthquake on the Japanese economy should be limited," even if "uncertainty remains high." However, due to difficulties in key sectors of the Japanese economy (exports and industrial production), the expected growth this year will reach only 1.4% against 3.9% in 2010.

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