WARTA KERAJAAN RAKYAT
Tuesday, January 24, 2012
Japan economy forecasted to shrink in FY 2011
TOKYO (AFP) - Japan's economy is expected to shrink 0.4 per cent in fiscal year (FY) 2011, the country's central bank forecast Tuesday, a reversal of its previous projection of 0.3 per cent growth.
The Bank of Japan (BoJ) said it expected growth of 2.0 per cent in FY 2012, a slight reduction from its previous prediction of 2.2 per cent growth.
'Japan's economic activity has been more or less flat, mainly due to the effects of a slowdown in overseas economies and the appreciation of the yen,' it said in a statement.
It also cited the 'remaining effects' of record flooding in Thailand that disrupted the supply chains of many of the country's key manufacturers.
Share to Twitter
Share to Facebook
Share to Pinterest
Post a Comment
Post Comments (Atom)
Berita Popular Bulan Ini
Bekas isteri Sultan tidak diizin tinggalkan Brunei hingga tamat idah
SKANDAL 'PETERPORN' : 32 rakaman aksi seks
Datuk Seri Shahidan Kassim dedah keburukan Sultan Johor
Keindahan Tubuh Sarah Azhari Diperdagangkan
Layanan hebat pelacur Betong
Mahkamah Tinggi Shah Alam membebaskan Abdul Razak Abdullah Baginda
Sultan Kelantan kecewa
Muzium Kristal Semula Jadi Terbesar, Tarikan Terbaharu Di Pulau Pinang
Perangai Buruk Raja Melayu
Siapakah Yang Perintah Great Britain Sekarang?