Forex wireless

According to Japanese Economic News website latest news, Japanese Economic News%26#39;s in the middle of July 30 on the mining production trends in the report of civil emergency on 10 economists conducted a survey showed that, economists agreed that Japan%26#39;s economic recession has been the situation.
July 30, issued by the Ministry of the mining production rate trends reported that in June the Japanese mining production index to a seasonally adjusted decrease of 2.0 percent the previous month, while April to June of the following mining production index First quarter of this year also fell 0.7 percent after a 0.7 percent decline the previous quarter, two consecutive quarterly decline.
Based on the above data, the Ministry of the downward trends in the mining production of the keynote judgement from a tendency to stagnation but a downward trend to show downward trend.
The Nihon Keizai Shimbun economist for the emergency survey, economists agreed that the Ministry%26#39;s mining production trends in the data is an important signal. They believe that in Japan since February 2002 began the longest post-war economic growth cycle has ended, the current economic recession has been the situation.
While the manufacturing production forecast released survey shows that in July the manufacturing sector will decline 0.2 percent in August continued to decline, or 0.6 percent.
Reported that the Japanese economy in the past 30 years of history, when the mining production index for two consecutive quarterly decline over the previous quarter, the economy without exception into a recession. Japanese government now expects the economy at a standstill, the judgement will be forced to modify.