Monday, February 7, 2011

Research institutions in Japan: Toyota recalls of Japanese economic growth.

<P> Daiwa Research Institute published 18 "Toyota recall the impact on Japan's economy spreadsheet results" show, by the Toyota recall events, the U.S. auto sales fell in Japan, the domestic passenger car production fell 30 million .vehicles, Japan's nominal gross domestic product (GDP) could fall by 0.12 percentage points will reduce the number of related industries employ 4.9 million people. .</ P> <P> Japan Research Institute The results show that cut 300,000 passenger cars in Japan in nominal GDP due to the direct loss of 714 billion yen ($ 1 about 91 yen), auto parts, electrical .and steel-related industries reached 310.3 billion yen loss, including the deterioration in employment and personal income market to reduce the impact of individual consumption, for a total loss of 609.2 billion yen. .</ P> <P> economist at Daiwa Research Institute, Hiroshi Watanabe, said: "Hatoyama government measures to stimulate the economy boost GDP growth of about 0.4%, while the production cuts by car, of which a quarter may come to naught, for .a great influence on the Japanese economy. "</ P>.

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