Japan Center for Economic Research says GDP fell for 2nd straight month in August

The Japan Center for Economic Research (JCER) provide economic forecasts, research & policy proposals. Not just for Japan, but more widely. 

Its latest forecast is that Japan's real gross domestic product shrank for a second straight month in August

• Down 0.2% from July

• Consumer spending down 0.7%, the Center citing poor weather weighing on clothing sales, restaurant sales and more


• Capex down 0.4% for the fourth straight month of decline, decline in machinery investment


• Residential investment has begun looking "spent"         
  

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To the extent that the BOJ will pay any heed to JCER forecasts this should be a yen negative

Japan Center for Economic Research says GDP fell for 2nd straight month in August
Japan Center for Economic Research says GDP fell for 2nd straight month in August
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