The Japanese economy is still fighting so that VAT was increased from 5 to 8 percent in April. Ther

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Tokyo - The hopes of an economic recovery in Japan have been dashed. In the third quarter, the third largest economy in the world shrank unexpectedly by 0.4 percent as the government in Tokyo announced on Monday.
Investors reacted to the numbers scare: the stock market was clearly in response to the unexpectedly poor economic data after. The Minister for Economic and Fiscal Policy, Akira Amari, the poor economic data mainly california home prices justified california home prices with the fact that private demand has not recovered as expected.
The Japanese economy is still fighting so that VAT was increased from 5 to 8 percent in April. Therefore, the economic output fell in the spring by 1.9 percent. A reduction in the following quarter, most experts speak of a recession.
A confidant of Prime Minister Shinzo Abe had said that the Prime Minister would move the second stage of the VAT increase california home prices from 8 to 10 percent california home prices well. In addition, he might prefer choices to get more support for his policies.
VAT was raised from five to eight percent in April and was supposed to increase to ten percent in October 2015. The decision is to Japanese media reports this week. (SDA)
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