Report by Japan

image of Report by Japan

The Japanese economy has continued to recover moderately since November 2012, on the back of improvements in the employment and income environments. Nominal GDP, real GDP and the GDP deflator in FY2015 grew simultaneously from the previous year for the first time in 18 years. The current administration’s economic policies, "Abenomics," are still at about the halfway point, but progress has been made in reviving economic activities and overcoming deflation as a whole. However, the domestic economy lacks momentum in private consumption and business fixed investment in spite of improving corporate profits, employment and income. Major risks are still attached to the uncertainty over the global economy including emerging economies.

Related Topics: Trade monitoring
Countries: Japan
-contentType:WorkingPaperSeries -contentType:Periodical -contentType:BookSeries -contentType:ReportSeries
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error