Japanese economy likely to rebound in Q4 15

Japan's annual growth of real GDP is contracted by 0.8% in Q3, which was 0.7% in Q2. The contraction is led by the slowdown in business investment and fall in inventories. The downward momentum of the Chinese economy weak global outlook probably affected the economy's growth rate.

The annual growth of business investment is dropped by 5.0% in Q3. The fall in private inventories caused the GDP growth rate to shrink by around 2.1% point. 

The GDP growth rate is unlikely to pull down further by the same factor in Q4, thus a better growth rate is foreseen, argues Nordea Bank.