More evidence that the economic recession, the Japanese economy seems to be out of control. Rate of decline in industrial production the fastest five years, the increase in unemployment in August, household spending. Industrial production fell by 3. 5%, from 7 on 8, the unemployment rate hit a two-year high 4. 1%, household spending plummeted 4% in September 2006 the largest decline since. Prior to this slowdown in export growth, trade surplus last month, the deficit, fuel imports and 22% decline in exports to the United States, due to high costs, as well as to Europe and China's exports weakened. Annual inflation rate of 2. 4%, consumption levels higher than 2%, which is Japan's second-highest month. In yesterday's figures, came to the new government of Prime Minister Aso on the 28th approved a 17 billion U.S. dollars for emergency budget to stimulate the economy. The plan includes measures to help consumers, businesses and farmers cope with high fuel costs and financial market crises. Government sent the draft budget – which is drafted by Aso's predecessor Yasuo Fukuda, but because of delays in political turmoil – to parliament, the opposition-controlled in a house, and may resist the suggestion and tried to force the integration of national elections. The budget is a 11 part of it. 7 trillion yen emergency package announced in August Fukuda late, 3 days ago in the afternoon to quit unexpectedly. The Commerce Department said factory fell more than 2. Decrease of 4% forecast by economists and because the current index began in 2003. The unemployment rate was a touch higher than 4. 1% of the market expectations, both as a symbol to see that economic performance is a little more difficult than most people think. In the United States exports to Japan fell by 22% in the biggest drop in August, was as a clear indicator of a slowing U.S. economy, particularly in the automotive, capital goods and consumer entertainment and technology. Japan's Big Three auto makers, Toyota Motor Corporation, Honda and Nissan Motor Co. in August of all cut domestic production: Toyota crushed 17% of global production. The Ministry of Commerce predicted that the company is faltering, 10 months ago back in September to resume production. We will have what kind of company expects quarterly Tankan business survey released today after the Bank of Japan a better idea. According to the Ministry of Commerce survey of companies, even in the September increase was achieved, production will drop one. 1% increase in third consecutive decline. Economists had expected Tankan shows Japan's level of trust between large enterprises has been reduced to five-year low. The result is expected to be particularly cautious, and even sad. Expects the anticipated decline in exports, the economy minister, Kaoru Yosano, something has come. He said last week that the economy does not pick up the export growth. In China, last month, the U.S. economy grow more rapidly than as an export destination is Japan's largest, has a good four quarters, Toyota and Honda slowdown have cut production of cars in the country, weak demand. Decline in steel production in China, so the Japanese iron and steel production needs. That is why India's report should be very concerned about Australia's resources and corporate investors. Iron ore exporters warned that the decline in demand in China's steel mills in India and China significantly in the past month buyers and suppliers breach of contract. Brazil also fell as a great consignment of Vale do Rio Doce (Valley) exporters trying to push through price increases to meet the price level in Australia. The cost of bulk carriers is low (less than 70%, 5 months) did not cause any a growing demand. Brazil said that CVRD iron ore reserves are enough trying to get through price increases, but little chance, given the worsening outlook for production. These reports have also increased the strength in the past month. At present the report of rising inventories of coal in eastern China port and the price of coal from Australia (in Newcastle) has fallen to its lowest point of 6 months. Analysts say smaller Chinese steel mills are losing because of weak steel demand and prices paid prior to the Olympic Games drastically their iron ore and coal production in August of money. High vapor generators or coal prices have also forced many companies trying to maintain its vitality cut. Chinese steel companies reporting unit sliding white goods, construction and automotive manufacturers demand.

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Tags: annual inflation rate, Australia, Brazil, China, decline, eastern China, Economy, Europe, India, Japan, Japanese, Newcastle, Prime Minister Aso, production, Slowing, U.S., United States, Vale, Yasuo Fukuda