Japan, Germany & France leave recession

**-:Undertaker:-** · 17-08-2009, 02:06 AM

Japan has come out of recession after recording growth of 0.9% in the April-June quarter, compared with the first.

The economy - the world's second-largest - had shown four consecutive quarter-on-quarter contractions.
Correspondents say the rise is due to a huge stimulus package and it is unclear whether the momentum will be sustained. Recent figures have shown other nations coming out of recession, including Germany, France and Hong Kong, a sign the global slowdown is easing. However, the Nikkei Stock Average has been unimpressed by the latest figures - in early morning trading in Tokyo the index was down more than 2%.

The worlds second biggest economy (Japan) is now out of recession, along with the European mainland great power/s of Germany and France.

**Alkaz** · 17-08-2009, 02:09 AM

Hopefully, the world will start to pull its self out of it.

**Misawa** · 17-08-2009, 02:12 AM

Things have been getting better for a while now, hopefully we're coming to the end.

-Heart · 17-08-2009, 02:17 AM

Finally some good bloody news :rolleyes:.

Niall! · 17-08-2009, 02:08 PM

Good, finally us anime lovers will get some DECENT anime now.

Geraint · 17-08-2009, 02:20 PM

Our economy fell again and their's rose. Germany's recession was worse than ours aswell.

Fehm · 17-08-2009, 02:59 PM

Can I ask, this may sound stupid. but when where out of it, what will it mean, e.g. How will it affect our daily lives? Will prices go down or what?

**GommeInc** · 17-08-2009, 03:22 PM

Supposedly down. Although there's the idea of interest rates going up so that savers who have lost out throughout the recession can regain their lives again.