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Tokyo : Retail Snapshot - 1Q 2013

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Tokyo : Retail Snapshot - 1Q 2013

The Japanese economy in 2013 is forecast to see stable growth driven by the private sector, after posting 2.0% gross domestic product (GDP) growth in 2012. There have been a number of indicators to support the recovery, including a robust surge in stock prices and an upward forecast in expectations by a large number of corporate manufacturers in response to the steep depreciation of the Japanese Yen. The government-led recovery has been popularly labelled ‘Abenomics’ due to Prime Minister Abe’s push forward with the Liberal Democratic Party stimulus package.

Source : Cushman & Wakefield

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