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Business
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Number of pages / Number of words: |
10 / 2644 |
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Exports increased 4.2% during 2003 while corporate investment grew 5.1%. Household expenditure, which comprises around 60% of the Japanese GDP also showed signs of recovery between 2002 and 2003 (Cinco Diaz 2004).
During 2004 and 2005 news would be mixed and many reports and forecasts would be contradictory, from a huge optimism in mid 2004, to pessimism in early 2005, when provisional numbers were published for the lat quarter of 2004...
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The official numbers showed a decline in GDP for that period, which means that Japan had suffered three consecutive quarters of reduction in national income. Then, in March, the revised set of official numbers would bring hope again by finally showing a positive variation in GDP.
With a final GDP growth for 2004 of 2...
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