Japan Economics

Japan Economics

Japan Economics Weekly

21 April, 2017

Roaring start to year unlikely to last

Japan’s economy probably expanded for the fifth straight quarter as consumer spending is finally recovering in earnest. The activity surveys suggest that growth held up in the second quarter and we’ve revised up our 2017 growth forecast from 1.0% to 1.5%. However, we still expect a slowdown next year as rising prices undermine households’ purchasing power.

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