Japan's central bank rates in all regions of the country's economic assessment

For exports and industrial production showed signs of improvement, Japan's Central Bank in 6, published quarterly in the regional economic report catches up on all nine regions of the country's economic assessment, it was October 2006 for the first time since. Japan Central Bank Governors kitashirakawa Fangming day speech that Japan's economy had begun to stop the deterioration of his "walk steadily over time may increasingly clear signs. ”

Caution it is expected that the economic bottom

On the day of baichuan Fangming said that Japan's economy had started to worsen, and may be rendered more obvious stationary, exports and industrial production has begun to grow, public investment is increasing. He also expected Japan domestic private demand will continue to go soft, inflation will continue to decline.

Baichuan Fangming, despite the commercial paper and corporate bond markets further improved, mainly for large enterprise of bank loans to high level rise, but Japan enterprises are facing a situation of financial stress, and increase due to unemployment, economic situation affected consumer spending remains grim, should pay close attention to financial operations, concern economic and price risks facing downward.

Japan last month, the Government issued June monthly economic report, the second consecutive month for upward economic boom and 7 months to first delete the economic deterioration of "words". The report states that the emergence of Japan export, import or signs of slowing down production start recovery, Japan economic recession may have hit bottom.

Nearly two weeks of data for this optimism into confidence. Japan Cabinet Office 6, published reports that Japan may sync indicator from 4 months to 86.9 86, for the second consecutive month appears better. The index is on factory production and retail sales of 11 species index reflects a country's economic situation of the most comprehensive data.

Stabilisation of global trade would boost the confidence of large manufacturers, Japan has also improved significantly. The central idea of short last week published survey June large-scale manufacturing boom judgment index rose to-48, away from the historical record March low-bit-58, two and a half years for the first time. At the same time, large manufacturing for September when boom judgment index-30 that is expected for the next three months the situation will continue to rebound from a very low level.

Analysts believe that the Government of Japan 25 trillion yen (approximately 2600 billion) economic stimulus initiative fillip the market confidence, Japan is likely to have been through this field after World War II, the most serious economic decline in the worst phase. Although unemployment still contain a domestic consumer demand, enabling rapid recovery possibilities are very slim.

Full recovery is still awaited

Since the outbreak of the financial crisis, the European and American markets demand sharply, Japan exports significantly reduce, the economy was in recession. The fourth quarter of last year and this year's first quarter gross domestic product (GDP) annualised fall 13.5% respectively and 14.2% continuous refresh post-war record and considerably more than other developed economies. But according to the analyst's latest forecast, Japan second quarter GDP is expected to rise in year-over-year, achieving 2.3% a year of growth for the first time.

Macquarie research economist Jim Tokyo Rame (RichardJerram) thought that Japan's economy appears slow but sustained growth is expected to begin in April next year 2010 fiscal year GDP growth in Japan 2%. But some analysts predict that Japan's economy was to revert to the first quarter of last year's level, it may take 3 to 5 years.

Japan has just been inaugurated at the beginning of the economic and fiscal policy Minister Lin fong is played 2 day express, from the output data and Japan's Tankan, Japan "is emerging from the worst phase", Japan's economy is still in "very low", especially the output gap worrying, the shadow of deflation could once again emerge. According to official data published prior to that, in the first quarter of this year Japan output gap reached a record-8.5%.

United Kingdom ft 6, reported that for Japan the world's second largest economy, the "better doesn't mean better. "A person familiar with the Bank of Japan said that" at present, we cannot say we are beginning to walk revive rail, a rebound, but non-recovery. ”

Many experts and scholars more on Japan's economic recovery cautious. They argued that, since the Japan economic external dependence of structural problems, the future of Japan economic trend will display the "L" or "W" type, that is, Japan's economic recovery will experience a tortuous and slow process, does not touch the base rapidly bounce.