Japan’s real GDP for the second quarter of 2015 has been published, and the real GDP grew by 0.71% (year-on-year) during the quarter.
The details suggest the house holds are struggling due to the consumption tax hike in 2014, and this tendency could accelerate after another consumption tax hike in 2017. The growth of fixed investment implies industries are doing better because of the quantitative easing, although the exports slowed down despite the weak yen.
