Analysis by Region - Asia Pacific - Japan

Analysis by Region - Asia Pacific - Japan

We have lowered our 2022 GDP growth forecast to 2.2% from 2.5% to reflect a weaker-than-thought Q1, higher commodity prices, and a poorer yen projection for the rest of the year. Higher import prices will dampen the real earnings of households and corporates by deteriorating the terms of trade.


Japan: High commodity prices and a weak yen to stifle the economy
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
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Economic policy

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