Japan’s economy shrank from July to September, ending two quarters of growth fueled by exports and sluggish consumption. This made the central bank’s efforts to gradually reduce its large monetary stimulus programme more challenging in the face of rising inflation…. Read More ›
Day: November 15, 2023
China’s Industry Output And Consumption Exceeded Predictions; Property Is Still A Drag On The Economy
Although China’s retail sales and industrial output growth in October exceeded forecasts, the country’s overall economic picture showed notable areas of weakness, with the crisis-ridden real estate sector still threatening a full-blown recovery. The second-biggest economy in the world has… Read More ›