Research

Japanese Economy Monthly Forecast (July 2019)

Abstract

▶ We forecast a real annualized GDP growth of +1.5% in Q2 (expenditure side). The production-side forecast is an annualized +2.1%.

▶ Q2 GDP growth was mainly driven by domestic demand, while net exports are expected to have made a negative contribution.

▶ The latest official figures suggest a robust increase in production, consumption and capital investment in Q2. However, this might be temporary, as the forecasts from the past month suggest a growth deceleration trend.

▶ Q2 CPI inflation is expected to have decelerated to a modest +0.1% QoQ. We forecast an overall GDP deflator of -0.1% QoQ.

関連論文

  • INADA, Yoshihisa

    Kansai Economic Insight Monthly Vol. 131 (March 2024)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(Kansai)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    Economic conditions are changing, but the outlook shows signs of bottoming out:

    Slow production recovery poses downward risk to the economy

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Japanese Economy Monthly Forecast (March 2024)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(JP)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    Forecast updates

    ▶ Our forecast for Japan’s real GDP growth in 2024 Q1 is an annualized -3.0%

    ▶ we forecast a headline inflation (GDP deflator) of +0.0% QoQ in 2024 Q1.

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Japanese Economy Monthly Forecast (February 2024)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(JP)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    Forecast updates

    ▶ Our forecast for Japan’s real GDP growth in 2024 Q1 is an annualized +0.2%

    ▶ we forecast a headline inflation (GDP deflator) of -0.6% QoQ in 2024 Q1.

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Kansai Economic Insight Monthly Vol. 130 (February 2024)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(Kansai)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    Economic conditions heading downward, signs of future deterioration

    Declining automobile production and the slowdown of China’s economy pose downside risks

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Kansai Economic Insight Quarterly No.68

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Quarterly Report(Kansai)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    Revised Economic Forecast for Kansai’s GRP reflecting the second advance estimate of Q4 2023 GDP:

    +1.4% in FY 2023, +1.4% in FY 2024, +1.5% in FY 2025

    Download the full report for a detailed analysis.

     

    PDF
  • INADA, Yoshihisa

    Japanese Economy: Analysis and Forecasts, No.147

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Quarterly Report(JP)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    Revised growth forecast reflecting the second advance estimate for Q4 GDP

    – Real GDP growth forecast: +1.3% in FY 2023, +0.8% in FY 2024, +1.1% in FY 2025 –

    Download the full report for a detailed analysis.

    PDF
  • KARAVASILEV, Yani

    Japanese Economy Monthly Forecast (January 2024)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(JP)

     / DATE : 

    AUTHOR : 
    KARAVASILEV, Yani / INADA, Yoshihisa

    ABSTRACT

    Forecast updates

    ▶ Our forecast for Japan’s real GDP growth in 2023 Q4 is an annualized +3.2%

    ▶ we forecast a headline inflation (GDP deflator) of +0.2% QoQ in 2023 Q4.

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Kansai Economic Insight Monthly Vol. 129 (January 2024)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(Kansai)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    Economic conditions heading downward, signs of future deterioration

    Natural disasters and declining production pose downside risks

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Japanese Economy Monthly Forecast (December 2023)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(JP)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    Forecast updates

    ▶ Our forecast for Japan’s real GDP growth in 2023 Q4 is an annualized +0.7%

    ▶ we forecast a headline inflation (GDP deflator) of +0.0% QoQ in 2023 Q4.

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Kansai Economic Insight Monthly Vol. 128 (December 2023)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(Kansai)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    Economic conditions heading downward, signs of future deterioration

    Slowdown in overseas economies and stagnant exports pose downside risks

    Download the full report for a detailed analysis.

    PDF