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Analysis by Region - Asia Pacific - Japan

Publisher Oxford Economics
Published Mar 30, 2022
Length 10 Pages
SKU # OFE17063646

Description

Analysis by Region - Asia Pacific - Japan

We have lowered our 2022 GDP growth forecast to 2.5% from 2.8% to reflect the upward revision to our energy price forecasts after Russia's invasion of Ukraine. Headline CPI is now projected to average 1.6% in 2022, up from 1.3% previously. With few signs of wage increases, we believe that the squeeze on households’ real incomes will substantially delay the recovery.

Table of Contents

10 Pages
Japan: Commodity prices cast a shadow over the recovery
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Economic policy
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