Prices for federal funding organizations usually contribute to the slowdown of the economy, and vice versa. On Friday, government data showed that real gross domestic product of Japan grew by 0.3% quarter-on-quarter in the third quarter, breaking two previous quarters of decline at the end of the year. This data was obtained after the Bank of Japan raised interest rates from 0.1% to 0.25% in July, which is the highest level since 2008.
Reading of the gross domestic product reflects an increase of 1.1%, fixed in the second quarter. The Bank of Japan stated that it will continue to raise rates "if economic activity and prices continue to develop as expected."
According to the results of the quarterly analysis,
