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Analysis by Region - Asia Pacific - Japan

Publisher Oxford Economics
Published Mar 28, 2025
Length 9 Pages
SKU # OFE19906815

Description

We've cut our 2025 GDP growth forecast for Japan by 0.1ppt to 1% due to the worse external demand outlook and maintain our projection for 2026 at 0.6%. We continue to think that the Bank of Japan will raise the policy rate in July, but a hike in June is possible.

Table of Contents

9 Pages
Japan: Weak external demand will limit near-term growth
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
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Economic policy

Pricing

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