Japan, Germany & France leave recession

[-:Undertaker:-]

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]

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

[Misawa]

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

[-Heart]

Finally some good bloody news :rolleyes:.

[Niall!]

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

[Geraint]

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

[Fehm]

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]

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.

[LuketheDuke]

Japan have actually been in recession for an awful long time if im right in thinking.

[Agnostic Bear]

oh god when did we have a recession i didn't notice