japan crawls out of recession with growth slower than expected. how convincing is japan s exit from recession? a lot of economists saying that this is a disappointing figure and yet it shows a slight improvement. it shows a slight improvement, but in many ways, what this number is about is the evils of raising taxes in a deflationary environment. most economists would agree that raising sale taxes in april of last year was a poorly timed move. in many ways, consumer demand has never quite recovered. when you look at the enthusiasm toward abenomics, you don t see a lot of it here in japan. a lot of it is investors overseas who are looking at the different plans the prime minister has put together. when you talk to households here, corporate executives there is a lot of concern about economic headwinds that are increasing, not decreasing. in many ways, this economic number is not terrible news, but it is a reminder that japan is limping out of recession at best. how much pr
Ferrero reports progress on sustainability targets njbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from njbiz.com Daily Mail and Mail on Sunday newspapers.
Ferrero said the release of its 15th Sustainability Report demonstrates considerable progress across its key sustainability pillars: protecting the Environment, Sourcing Ingredients Responsibly, Promoting Responsible Consumption, and Empowering People.