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Analysis by Region - Asia Pacific - Japan

Publisher Oxford Economics
Published Mar 27, 2026
Length 9 Pages
SKU # OFE21076947

Description

We've cut our 2026 GDP growth forecast for Japan by 0.4ppts to 0.3% due to the conflict in the Middle East. Terms-of-trade shocks from high oil and gas prices will negatively affect both households and corporates in the near term.

Table of Contents

9 Pages
Japan: Middle East conflict will re
escalate cost
push inflation
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
Alternative long
run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Economic policy

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