Economic growth in Japan might weaken as exports wane

Note: This section contains information in English only.
Source: Bloomberg
The Japanese economy is probably expanded at half the pace of the previous quarter. GDP rose an annualized 2.3% in Q2, following 4.7% expansion in Q1. The downturn may deepen in Q3 as the Eurozone's sovereign debt crisis and the Yen's strengthening erode exports. As Yoshihiko Noda is going to impose a sales-tax hike, policy makers will be weighed on to consider additional monetary and budget stimulus to prop up demand. 
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