Japan’s Q3 GDP likely to remain flat

Japan's business sentiment and corporate activity are worsen in Q2 as the pace of recovery in consumption and exports remained silent. Capital expenditure in Q2 was very less, Analysts expects the same trend in Q3 also. 

The export growth went slower in Q2 due to the slower recovery in U.S. and weak performance of the emerging markets is expected to post robust growth rate in Q3.

The quarter on quarter real GDP growth of the economy is expected to remain flat at 0.0% in Q3, estimates Societe Generale.