Japan economy minister Amari:
- Economic recovery trend expected to continue
- Japan economy firmly on rise, mainly on private demand
- Consumption expected to continue increasing trend due to last-minute demand ahead of sales tax hike
- Hopes spring wage talks will lead to higher pay
- Need to keep an eye on demand after sales tax hike
- Improvement in corporate earnings to keep Capex picking up
- Japanese government will steadily implement measures to realise virtuous cycle in economy
Amari and his comforting words…
More:
- Export environment struggling to improve
- Must watch US monetary policy and emerging nations trends – need to watch developments in overseas economies