Last quote by Marcel Thieliant
Marcel Thieliant quotes
The further strengthening of the exchange rate suggests that the drag from falling export prices should persist for now...All in all, therefore, today's figures underline that the BoJ still has more work to do to reach its 2 percent inflation target.
The scale of damage does not appear huge and production shutdowns by major manufacturers should be reversed before long.
Today's activity data were disappointing and suggest that Japan's economy barely grew last quarter.