Loading ...First of all, gradually, global corporations like Sony started moving production to China after 1990. They’ve had problems there ever since with a few artificial currency created bounces along the way.
re Part:
“Business activity surged early in the year, with the economy growing 6 percent in January-March, as consumers and businesses stepped up purchases to avoid paying more tax.”
Comment:
Surge early in the year, 2014, had to be the result of the Yen being lowered thru the end of 2013. They got a bounce after that. (6 months?)Allowing the yen to be raised thru 2014, until recently, dropping it, now things are slowing.
These currency “treatments” are like Chemotherapy. Lower helps exporters, but hurt consumers with higher commodity prices. So they go on and off with treatments is the way I see the game going.