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Japan GDP growth back on track [ClearOnMoney]
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Japan GDP growth back on track

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Commentary

Japan GDP growth back on track

13 Nov 2011 by Jim Fickett.

Today Japan's Cabinet Office released GDP estimates through the third quarter. As expected, Japan has recovered sufficiently from the earthquake that GDP growth Q2 to Q3 was positive. Longer term, it is noteworthy that the annualized growth from bottom of the crisis (2009-Q1) to the present has been exactly the same as the longer term growth from 1981-Q1 to 2008-Q1. Both were 0.6% annualized. So things are more or less back to normal.