Friday, Nov 28, 2008
Export demand collapse - how dire is the situation?
FT.com: Output fall stokes Japan’s deflation fears
“It’s absolutely unprecedented,” for production to show a 12 per cent drop from September to December, said Richard Jerram, chief economist at Macquarie in Tokyo. “That basically tells you that export demand has collapsed,” he said.
Posted by v stor @ 04:32 PM (137 views) Add Comment
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