By Tetsushi Kajimoto and Kaori Kaneko TOKYO (Reuters) - Japan's factory output picked up in April and deflation abated slightly as a weaker yen and firmer overseas demand boosted growth, boding well for Prime Minister Shinzo Abe's efforts to shake the world's third-largest economy out of nearly two decades of stagnation. But core consumer prices continued to fall and manufacturers forecast further weakness ahead, government data showed on Friday, underscoring the challenges the Bank of Japan, under new Governor Haruhiko Kuroda, faces in meeting its 2-percent inflation target. ...
No comments:
Post a Comment