June 21, 2015

Global Economic Analysis & News Of Note

  • Japanese exports increased 2.4 percent between May 2014 and May 2015, a reading that was well below the 3.5 percent growth analysts had predicted. Exports were down 2.7 percent from April 2015. Norinchukin Research Institute Takeshi Minami said, “Exports are likely to keep a drag on economic growth, which could grind to a halt or turn negative in the current quarter given weak private consumption and external demand.” A drop in shipments to China drove the relatively negative report.