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Japan in stagnation [ClearOnMoney]
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Commentary

Japan in stagnation

28 April 2012 by Jim Fickett.

Recall that real GDP in Japan was basically unchanged from 2010 Q1 to 2011 Q4 (Japan GDP has been approximately flat for two years). Manufacturing production, reported Friday through March, does not suggest that this year is looking much better. While manufacturing production might be in the beginnings of a new uptrend, the level is still below that established pre-Fukushima: