Japanese output slumps

JAPANESE - Industrial production in the world's second largest economy slumped by a worse-than-expected 2.9% in September following last month's attacks on the US.

Economics minister Heizo Takenaka admitted on Friday that the country's growth rate would be well below the government target of 1.7%.

Meanwhile the Bank of Japan's has left monetary policy unchanged, keeping its key lending rate at 0.1%, the level set at its 18 September meeting.

Coupled with other monetary measures, this is effectively

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account