Timely data for January suggest that economic activity has held up far better than during the previous state of emergency last spring. And with the government mulling lifting the state of emergency for three prefectures next week, and others potentially following soon after, the economy may be able to dodge a contraction this quarter and should enter Q2 with some momentum. Meanwhile, Japan’s TOPIX finally broke the 1,900 level for the first time in 30 years this week. We think risky assets will continue to perform well over the next couple of years.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services