Analysis by Region - Asia Pacific - Japan
We've maintained our GDP growth forecasts at 0.2% for this year and 1.1% for next. We still expect the Japanese economy will recover in the following quarters as households' real income gains will drive the improvement in consumption. But exports will likely stay stagnant due to weak demand from the EU counteracting the benefits from chip cycle upticks.
- Japan: Real income gains will drive a consumption-led 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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