Tokyo (ap)-Japan's economic growth in 1 slow, than, expected 1.4% of the annual average speed in April to June, join more than the global economic outlook of concern, as the mark of consumer spending, after last year's rebound from earthquake earlier this year and the tsunami disaster.
The long-running crisis in Europe happened a heavy price, and at the same time, the weak demand dozen Japanese exports department.
Although the pace in the first quarter from 5.5% of the revised greatly decreased, economy minister, Motohisa ancient river, the attack an optimistic tone, said in a statement that the economy continues to rising, led by domestic demand. "
In fact, economic growth, strong growth in the second quarter, is a positive signs, said ShunZi cygan, in the royal bank of Scotland economist Japan securities.
She said the government subsidies to buy energy-saving car still help to support growth. She said, the economy will also carry a strong public investment, this is because in October to reach the top.
However, the Vatican said, the risk of deflation deterioration, is a "pessimistic results" that can force the bank of Japan to consider further loose monetary policy to support economic growth. Deflation, or falling prices, is Japan's a long-standing problem, can drag on economic growth.
Consumer spending, that Japan's economic activity more than half. On March 11, last year after the disaster, many Japanese hold spending and visit, increase the disruption, double disaster damage from the manufacturing northeastern Japan, many of which cars and enterprise is in a pause.
The reconstruction of the strong housing and other buildings in the northeast area of public investment is likely in the next few months, further reducing momentum abate. At the same time, the strong yen has tamper with the export and import fuel costs, to offset lost from closed nuclear power generation capacity has the installation.
Japan's economy in the June quarter, from January to three month's 1.0% increase of 0.3%. This is lower than economists had forecast more than 2%, at an annual rate of 1.4% of the calculation expand conversion.
The latest growth, marked the fourth straight quarter of growth, though still in fragile interest rates. The economy is almost equal in October, but didn't atrophy.




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