You are here
Poor economic data makes Abe's job tougher
Industrial output, core inflation rate, real wages all down in November
NOT SO FRUITFUL: Excluding the consumption tax hike's impact, the core consumer price inflation in November is 0.7%, still far below the BOJ's 2% target.
PHOTO: AFP
Tokyo
A RAFT of adverse official data on Japan's economy released on Friday underlined the difficulty of the task facing Prime Minister Shinzo Abe as he seeks to breathe new life into his Abenomics policies in the New Year following the landslide victory by his ruling coalition government
GAIN ACCESS TO ALL BT PREMIUM CONTENT:
Or get a 2-week FREE trial
Need help?
- CALL +65 6388 3838
- EMAIL btocs@sph.com.sg
