08.09.2016 - Japanese GDP grew by 0.2%

Today was published the final report on the growth of Japan's GDP, which in the second quarter grew by 0.2% vs. expected 0.0%. In annual terms, the increase was 0.7%. Support for the country's economy has been the expansion of inventories and capital investments, as well as the increase in the volume of public investment. A third world's largest economy showed the expansion in the second quarter in a row. Despite the improved performance, the economic situation remains fragile, and the divergence in monetary policy of the Fed and the Bank of Japan will lead to a fall of the yen by 5-7% against the dollar in the medium term.

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