Japanese Finance Minister Taro Aso said on Tuesday that he did not believe that Japan's economy is witnessing a recession. It was in the midst of his statements on control of the market on the back of the yen fell to its lowest level in seven years against the dollar on Monday.
They attributed the reasons to see Aso that Japan's economy is not in a recession, in light of the indicators that point to Japanese companies investment plans Activity to raise capital spending in the coming period, according to the index Tankan the Japanese central bank, which handles the measuring business sentiment and orientations.
Despite these optimistic statements Japanese Finance Minister, however, that the current situation confirms the stagnation of Japan's economy, through the achievement of a contraction over the second and third quarter of this year respectively. With the absence of any guarantees in the ability to achieve a stable ground to recover in the near future.
They attributed the reasons to see Aso that Japan's economy is not in a recession, in light of the indicators that point to Japanese companies investment plans Activity to raise capital spending in the coming period, according to the index Tankan the Japanese central bank, which handles the measuring business sentiment and orientations.
Despite these optimistic statements Japanese Finance Minister, however, that the current situation confirms the stagnation of Japan's economy, through the achievement of a contraction over the second and third quarter of this year respectively. With the absence of any guarantees in the ability to achieve a stable ground to recover in the near future.
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