The final GDP for the fourth quarter showed growth decreasing more worst than expectations compared with the pre-reading during the capital spending weakness from the Japanese companies and the deflation risk which pressures on the second biggest economy in the world to make recovery from the worst global financial crisis…

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The Final Reading For The Fourth Quarter Showed Slow Growth

Today euro zone released its GDP preliminary reading for the fourth quarter coming in unrevised at 0.1%. European expansion is slowing down after the 0.4% growth recorded in the third quarter. Annual GDP showed that the economy’s contraction remained steady at 2.1%.

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Euro Zone’s 4Q GDP Unrevised

Capital spending in Japan continued to decline in the fourth quarter of last year despite exports advanced alongside recovering global demand. Japanese companies still cutting costs and delaying expansions especially with the weak business environment and deflation risks that continued to weigh on economic activity.

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Capital Spending In Japan Continued To Declined