Japanese Economic Minister, Nishimura: Consumption is still at a low level

Japanese Economic Nishimura has crossed the wires explained that the Consumption is still at a low level. Additional comments Japanese Ecominic Nishim  |  03/12/2019 01:01

Japanese Economic Minister Yasutosh Nishimura has crossed the wires and explained that the Consumption is still at a low level. 

Additional comments

  •  The economy is picking up but is still at low level.

In prior statements, Nishimura was last known to have stated:

  • Will make continued efforts to support consumption.
  • Don't think tax hike caused a big spike and fallback in consumption.
  • Closely watching impact of fall in exports, output and slowing overseas economy.
  • No change in view on personal consumption.

Nishimura said las week that October's sales tax hike did not cause a big front-loading of purchases or a subsequent pullback in consumption while adding that the government needed to take seamless steps to support private consumption with an economic package it plans to compile next month. 

  • Japan govt considering 25 trillion yen economic stimulus package - NHK

Earlier today we got the word that the Japanese are considering 25 trillion yen economic stimulus package.

 

Share

Popular News

Show More Popular News

Market Insight's Views

Market Insight analyses will provide both fundamental and technical comprehensions on finance
and other asset classes for Market Insight viewers

Back

Login to Market Insight Account

Your Market Insight account gives you access to the tools that we offer our customers including our
Technical Studies & Sentiment for your accounts.

Forgot Password?

Don't you have a Market Insight account? With a few easy steps you can easily register to Market Insight

Create a Market Insight's Account

Your Market Insight account gives you access to the tools that we offer our customers including our Technical Studies & Sentiment for your accounts.

register_ty

Thank you!

Welcome to Market Insight family!

You have succesfully completed the registration.
We will send you an e-mail to give you some
instructions and our Terms and Conditions!
Our account representatives will be contacting you as
soon as possible. If you have any further questions
please do not hesitate to mail us via info@marketinsight.com