Japan's Q3 growth forecast trimmed further on COVID-19 drag [Financial Post (Toronto, Ontario, Canada)]
IHS Markit Ltd. Common Shares (INFO)
Last ihs markit ltd. common shares earnings: 3/24 06:00 am
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Source: Financial Post
soaring raw material prices and coronavirus-linked production and supply disruptions, a Reuters poll of economists showed on Friday. Government and central bank policymakers are hoping a jump in consumer activity put the export-reliant economy firmly on a recovery path after Japan saw COVID-19 case numbers plummet and made progress on vaccinations. William Shatner going where no (living) original Star Trek cast member has gone before Advertisement Analysts, however, warned of risks such as an unexpected economic slowdown in China and semiconductor chip and factory parts shortages due to the pandemic. Advertisement Article content “There is a risk problems due to supply chain disruption will last longer, putting downward pressure on the global economy,” said Harumi Taguchi, principal economist at IHS Markit. Japan's economy grew an annualized 0.8% in the third quarter, weaker than a 1.2% expansion projected last month, according to the median forecast of 39 analysts pol
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