Report
TOE Alert: Unexpected Fall in Industrial Production Leads Economists to Revise Downward Their GDP Forecasts
posted by Richard Katz on October 02, 2014
Found in Japan, categorized in Growth Outlook and Business Cycle
Report Cover
Headline
It’s not just the drop in consumer spending post-tax hike; stagnant exports are also hurting factory output
Abstract
Economists were so shocked when Japanese industrial production fell 1.5% in August compared to July, instead of rising 0.3% as they had expected, that many are now revising downwards their GDP forecasts for July-September.