The Traderszone Network

Published in TZ Latest News 11 August, 2016 by The TZ Newswire Staff

Japan economy – concerns on inaccurate stats – BOJ efforts to get better data

Is the Japanese economy performing better (much better!) than official statistics indicate?
A new analysis from economists at the Bank of Japan suggest that contrary to official stats saying the economy contracted after the sales-tax hike hurt consumer spending in 2014, GDP actually grew 2.4%!