The japan economy is the third largest
economy in the world after the United States and Republic of China. Also japan
is world third largest in cars manufacturing. Japan GDP is 5,458,873. Japan standard of living is considered very High Human
Development which is 0.901 and it is 12 globally.
According to
composite index which is based on 12 economic indicators designed to predict
the future of the economy shows that japan leading index fell in September,
indicating a continuing decline in the country economic condition. Data have
been released that japan leading index fell from 93.2 to 91.7 in September. Japan
economy grew by 0.3% in the second quarter in 2012 from the previous three
months was down about 1%. The problem Japan is facing in the declining growth rate
it is because the falling in demand for
it exports amid a slowdown in the key markets such as the US, Eurozone, and
China.
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