Japan’s 1.5 per cent rise in output in the third quarter was met with a yawn by the markets. Was this the right reaction? Even though it was six per cent on an annualised basis, and therefore impressive compared with the 2.5 per cent growth in the US, and even more so compared to the lower-than one per cent in the eurozone, the markets may be right.
日本經濟第三季度增長1.5%，市場對此卻反應冷淡。市場的這種反應正確嗎？即便這一增長率折合成年率高達6%，與美國2.5%的增長率相比令人驚嘆，更是遠高于歐元區不到1%的增長率，但市場也許是對的。
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