日本７月至９月ＧＤＰ繼續顯示負數

A few days ago the NHK News on-line reported the following:

７－９月ＧＤＰ ２期連続のマイナス

11月17日 8時56分

安倍総理大臣が消費税率を１０％に引き上げるかどうかを判断するうえで重要な経済指標となる、ことし７月から９月までのＧＤＰ＝国内総生産の伸び率は、物価の変動を除いた実質で前の３か月間と比べてマイナス０．４％、年率に換算してマイナス１．６％と２期連続のマイナスとなりました。
消費税率引き上げ後の前の３か月間よりも悪化したことになります。

内閣府が発表した、ことし７月から９月までのＧＤＰの伸び率の速報値は、物価の変動を除いた実質で前の３か月間と比べてマイナス０．４％となりました。
これを年率に換算しますとマイナス１．６％となり、消費増税の影響で年率でマイナス７．３％と東日本大震災の時を超える大幅な落ち込みとなった４月から６月に続いて、２期連続のマイナスとなりました。
主な項目では、「個人消費」は、消費増税などの影響は一巡したものの、物価が上がったことに夏の天候不順が重なり、０．４％のプラスにとどまりました。
また、企業の「設備投資」は０．２％のマイナスでした。
「住宅投資」も消費増税による反動減が続いているため、６．７％の大幅なマイナスとなりました。
一方、外需は輸出が輸入を上回り、ＧＤＰを０．１ポイント押し上げました。

(試譯文)

It was used to judge whether Prime Minister Abe would increase the consumption tax rate to 10%: as an important economic barometer on the pace of expansion, the GDP= gross domestic product this year for July to September compared with the previous three months was a minus 0.4% in substance, ignoring change in prices, and was a minus 1.6% when converted into the annual rate, being a minus for two consecutive periods.

The situation got worse compared to the first three months after the consumption tax rate was increased.

The Cabinet Office announced the preliminary figures of the GDP growth rate this year from July to September, when compared with the previous three months, would be a minus 0.4% in the substance, excepting changes in prices.

When this was converted into the annual rate, it became a minus 1.6%. With a minus for two consecutive terms counting from April to June due to the influence of a consumption tax increase, it became a significant decline that would exceed the time of the Great East Japan Earthquake at minus 7.3%.

Looking into the main items, under "personal consumption", with the influence of the consumption tax increase etc., the prices had gone up coupled with bad summer weather, making it to stay at 0.4% plus.

Also, company’s "capital investment" was a minus 0.2%.

In "housing investment", the decrease trend as a reaction to consumption tax increase was continuing; it became a huge minus of 6.7%. On the other hand in foreign demand, export exceeded import and pushed up the GDP by 0.1 point.

I am interested to know what Prime Minister Abe will do to deal with the situation.