The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Tuesday, November 6, 2012

Japanese economic picture gets gloomier.

Japan's coincident composite index, which consists of 11 key indicators, dropped 2.3 points on month in September to 91.2. That's the sixth consecutive month of declines and prompted the government to say the economy is at a "turning point" toward the downside rather than "pausing," as was the case in August. The data strengthens the fear that Japan is on the verge of recession.

No comments:

Post a Comment