Katrina's Feed
Nov 12, 2014
via Breakingviews

Japan index: Tightening the purse strings


By Katrina Hamlin

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Unexpected growth in manufacturing output helped our alternative economic index to a new high in September. But it wasn’t enough to lift consumers: stagnant wages and higher sales taxes left spending in the doldrums. No wonder the central bank decided to ramp up bond purchases.