Analysis by Region - Asia Pacific - Japan

Analysis by Region - Asia Pacific - Japan

We cut our 2024 GDP growth forecast for Japan by 0.1ppt to 0.4% to reflect a weak start to this year. However, we think that the weakness will be short-lived, and have upgraded 2025 growth forecast by 0.2ppts to 1.1%.

Japan: Outlook for 2024 downgraded to reflect weak Q1
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
Economic development
Structure of the economy
Balance of payments and structure of trade
Economic policy

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