Japanese Economy Minister Akira Amari expressed concern on Sunday about the strength of the economic recovery and said it will take time to establish self-sustaining growth. "The recovery trend is certain," Amari told a talk show on public broadcaster NHK. "The July-September numbers should show a robust recovery" from the sharp second-quarter drop in the wake of an April 1 sales-tax increase. Amari said it will take time for a positive economic cycle to take hold as companies cannot in a single year raise wages enough to compensate for the tax increase and the inflation generated by Prime Minister Shinzo Abe's reflationary policies.
via Business News http://ift.tt/1xby8YW
0 commentaires:
Enregistrer un commentaire