Japanese consumer Price Index Raises

Japanese consumer price index last November again went down. It gives reinforce for the symptoms of deflation that continues to survive in the stagnated economic recovery efforts of State Sakura. Based on data from the Ministry of Finance of Japan, consumer price index last month fell 0.5 percent over the same period last year. This represents a decrease to-21 times in succession within a period of nearly two years since the global crisis. November data also lower than analysts' estimates forecast 0.6 percent decline.

But a glimmer of hope emerged as the announcement of Japan's production output increased by one percent in November compared to the previous month. Decline in consumer price index is considered as one factor inhibiting recovery as it relates to the ability of home shopping. A negative impact on the consumption sector, it also makes the Japanese are still teetering on the recovery period. Moreover, the Tokyo government said last week that economic growth in countries with Asia's biggest economy will slow to 1.5 percent in 2011, down 3.1 percent compared to this year.

"The decline in the price of unremitting labor to make the company and adversely affected by it all," said Chief Economist for HSBC Securities Seiji Shiraishi was quoted as saying by AFP.

These conditions indicate that Japan will be hard to beat deflation own country, thus encouraging social factors such as the shrinking population. "Deflation will be easier if the global economy and strong external demand for Japan's help also can encourage increased exports of Japan and eventually trigger a return of domestic demand," said Seiji.

Similar Topics :


Comments are closed.


Enter your email address:

Delivered by FeedBurner

Alexa rank

Alexa rank is unknown.

PHP/MySQL Components, WordPress Plugins, and Technology Opinions at TravisWeston.com