Japan’s Aso: GDP at 2.1% and two quarters of growth is not bad

Reuters reports the latest comments delivered by the Japanese Finance Minister Taro Aso on Monday’s GDP data release.

Key Points:

“GDP at 2.1% and two-quarters of growth is not bad.”

“Some capex appear postponed especially by manufacturers.”

“Japan’s fundamentals continue to be firm.”

“Corp earnings at high level, labor market remains strong.”

“Slowdown in China’s economy caused decline in Japan’s exports.”

“Japanese manufacturers may be delaying capital expenditure.”