Sunday, August 11, 2013

Reuters: US Dollar Report: Japan econmin: Q2 GDP data shows PM Abe's policies working

Reuters: US Dollar Report
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Japan econmin: Q2 GDP data shows PM Abe's policies working
Aug 12th 2013, 00:16

TOKYO | Sun Aug 11, 2013 8:16pm EDT

TOKYO Aug 12 (Reuters) - Japanese Economics Minister Akira Amari said on Monday the April-June gross domestic product data showed that the effects of Prime Minister Shinzo Abe's economic policies are steadily appearing.

"As for the outlook, personal consumption is expected to continue rising moderately. But given capital investment is weaker than personal consumption, we must support a recovery in capital expenditure," Amari said in a statement issued after the GDP data release.

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