- Analytics
- News and Tools
- Market News
- Japan's government cuts inflation view in latest economic projections
Japan's government cuts inflation view in latest economic projections
The Japanese Cabinet Office submitted its latest medium-to-long term economic and fiscal projections:
Inflation seen reaching 2% during fiscal year 2023 in its most optimistic scenario (previously fiscal year 2022)
Real growth reaching around 2%, nominal growth about 3.2% to 3.4% over the medium-to-long-term under most optimistic scenario
Inflation is not seen reaching 2% through fiscal year 2028, will hover below 1% in baseline scenario
Real growth reaching a little over 1%, nominal growth about 1.2% to 1.5% over the medium-to-long-term under baseline scenario
The government cites current lower levels of inflation as a reason for the delay under its most optimistic scenario.
As for growth projections, the baseline scenario also saw a downgrade in nominal growth as January projections had it pinned for about 1.5% to 1.7% over the medium-to-long-term.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
