As forecasted by various analysts the boost that was the result from goverment stimulus appears to be sputtering in Japan.
Japan’s economic stimulus appears to be petering out after figures released today showed industrial output rose in August but at a slower rate for the fourth month in a row.
The data comes as Japan’s new government attempts to reconcile plans to cut spending and meet demands for an extra budget to drive the world’s second-biggest economy towards recovery.
The numbers are still positive for the Japanese economy, but the rate of growth is not as optimistic as previously expected.
