Kansai Economic Insight Quarterly No. 43
Some sectors of the economy are robust but the outlook remains uncertain, dimmed by US-China trade frictions and the upcoming consumption tax hike.
- In 2019Q1 Japan’s real GDP registered the second consecutive quarter of positive growth, expanding +0.5% QoQ (+2.1% ｉｆ annualized).
- Although some sectors of Kansai’s economy remained robust in 2019Q1, there are growing risks of recession.
- Our forecast for Kansai’s real GRP growth in FY2019 is +0.7%. Private demand is expected to contribute +0.5%pt, government spending +0.3%pt, and external demand -0.1%pt.
- We forecast a +0.4% real GRP growth in Kansai in FY2020. The expected contributions are +0.3%pt for private demand, +0.3%pt for government spending, and -0.1%pt for external demand.
- KEIQ_No43_ENPDF
著者
Director, Center for Quantitative Economic Analysis INADA, Yoshihisa
Professor emeritus, Konan University
Macroeconomics, Applied Econometrics, Economic Forecasting
KARAVASILEV, Yani
Researcher
foreign direct investment, international recruitment, corporate agenda setting
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