On the 16th of November, the Cabinet Office of Japan published the GDP data for the 3rd quarter of 2015. The real GDP grew 1.08% (year-on-year) during the quarter, revealing that the economy slightly recovered from the negative growth after the consumption tax hike in 2014.
To compare, the growth for the previous quarter was 1.00%. We look into the details of the numbers.
Continue reading 2015 3Q Japan’s real GDP growth: the QE works against the slowdown after consumption tax hike