More negative news on the economy surfaces in Tokyo
Fitch's doubts on the sovereign debt standing of Japan, among other things, make Abenomics a tougher sell ahead of election
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Tokyo
BAD news continued to dog Japan's economy on Wednesday: a third international rating agency cast doubts on the country's sovereign debt standing, wholesale prices were shown to have fallen last month, and a business survey revealed deteriorating sentiment among large Japanese manufacturing companies.
All this, on top of news last week that the Japanese economy's slide back into recession in the third quarter of 2014 was steeper than had been estimated, comes at a sensitive time for Prime Minister Shinzo Abe in the run-up to the snap election he has called for this Sunday.
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