Economists Predict Japan's GDP to Rise 1.4%

Posted by Jim Ivanoff
May 9th, 2009

A survey of leading economists conducted by the Nikkei Newspaper predicts that the Japanese economy will rebound by 1.4% in the April-June quarter. The majority of the respondents also suggested that the economy has bottomed out. However, they cautioned that the recovery won't last if the weakness in the US and European economies is long and drawn-out.

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