
Analysis by Region - Asia Pacific - Japan
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.
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
Pricing
Currency Rates
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