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Japan's Strong GDP Figures Are A Red Herring

10 mins·07:30, 16 Aug 2023
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Japan's Strong GDP Figures Are A Red Herring

10 mins
·
07:30, 16 Aug 2023
·

Guest: Vishnu Varathan (Head of Economics & Strategy), Mizuho Bank

The sun continues to shine on Japan, as it recorded an impressive 2nd quarter GDP growth of 6%, driven by surging exports. However, not all is well as the yen continues to fall and the domestic economy remains weak. We speak to Vishnu Varathan, Head of Economics & Strategy at Mizuho Bank for an economic outlook, and whether its central bank will intervene on the Yen.

Image Credit: Shutterstock

Presenter: Wong Shou Ning, Philip See, Mark Tan

Producer: Yeong Yeng Yee

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