2015 3Q Japan’s real GDP growth: the QE works against the slowdown after consumption tax hike

On the 16th of November, the Cabinet Office of Japan published the GDP data for the 3rd quarter of 2015. The real GDP grew 1.08% (year-on-year) during the quarter, revealing that the economy slightly recovered from the negative growth after the consumption tax hike in 2014.

To compare, the growth for the previous quarter was 1.00%. We look into the details of the numbers.

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