As it was informed by "Market Leader (US)"
Is Japan recovering from recession?
Forex news. Today appeared the data about Japanese financial indicators. Thus, GDP for the 2nd quarter of 2011 has decreased by 1.3% on an annual basis and by 0.3% in comparison with the 1st quarter of current year. GDP deflator has amounted to -2.2% during the 2nd quarter of current year. This indicates that deflation pressure remains in Japanese economy during the 3rd quarter already, although this number appeared to better than had been expected, as Kyodo News agency admits.