BEIJING
stivali timberland, Aug. 10(Xinhuanet) -- Japan's economy probably grew for a ninth quarter in the three months ended June 30
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canada goose canada, business investment and exports all increased. The world's second-largest economy grew at an annual 4.2 per cent pace in the period, according to the median forecast of 26 economists in a Bloomberg News survey. The growth report will be released by the Cabinet Office on Friday in Tokyo. The lowest jobless rate in almost four years is helping boost sales at companies including Honda Motor Co, reducing reliance on overseas demand for growth. Rising sales of digital cameras and other electronics at home and abroad are prompting Canon Inc, Matsushita Electric Industrial Co and others to increase production. "Consumer spending is increasingly contributing to growth," said Takuji Aida, a senior economist at Merrill Lynch Japan Securities in Tokyo. "Domestic demand is showing that it can lead the recovery" even if exports slow, he said. Japan must sustain the expansion to end six years of falling prices that have sapped corporate profits and prompted banks to reduce lending. Prime Minister Junichiro Koizumi is relying on increased tax revenue to meet his goal of curbing Japan's US$6.6 trillion in public debt, the world's largest. Among the threats to growth are rising oil prices and higher interest rates, which the Cabinet Office said last week need to be monitored. Government officials, including Economic and Fiscal Policy Minister Heizo Takenaka, are concerned that rising crude oil prices may slow growth. A US$10 a barrel increase in crude oil prices would shave between 0.2 and 0.3 percentage points from Japan's quarterly gross domestic product, Takenaka said last week. "Rising crude oil prices could be a negative surprise shock
www.kjopecanadagoose.com, so we need to watch to make sure that the impact isn't too large," he said. From the first quarter, the economy probably expanded 1 per cent, seasonally adjusted
www.gooseparkasbilligt.com, according to the median of 35 forecasts. Annualized growth of 4.2 per cent, while slower than the first quarter's 6.1 per cent pace, would still make Japan the fastest growing economy in the Group of Seven Industrialized Nations for the third straight quarter. Japan's economy grew at a 7.3 per cent pace in the fourth quarter last year, its fastest since 1990. Spending by households headed by a salaried worker in Japan rose 2.1 per cent in the second quarter
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nike free run udsalg, the world's second-largest seller of digital cameras, said last week it will spend an additional 14.7 billion yen (US$133 million) on a parts factory and a logistic centre for digital cameras and camcorders on the southwestern island of Kyushu. The company plans to increase capital spending for the year ending March 31 by 43 per cent to 300 billion yen (US$2.72 billion). "Domestic demand is extremely good," Toshizo Tanaka, managing director at Canon, said last week when the company announced net income for the three months ended June 30 rose a third. "The domestic economy should continue expanding for at least the next year." Signs of improvement in spending are beginning to show for Honda
Ralph lauren outlet, Japan's third-largest automaker, which said last month that domestic sales rose for the first time in two years in the three months ended June 30. "We are seeing signs of the domestic economy improving," said Koichi Amemiya, Honda executive vice-president. Rising bonuses and a slower decline in wages have also helped boost consumer spending, which accounted for about a third of growth in the first three months of 2004. Enditem (Lily Nonomiya--China Daily)about：
