Kansai Economic Insight Quarterly Vol.48
Slump in private demand to precipitate recession in FY2019-2020
-Forecast update reflecting the latest GDP estimates and the impact of the coronavirus-
▶Our forecast for Kansai’s real GRP growth is -0.2% in FY 2019, -0.5% in FY 2020 and +1.1% in FY 2021. FY2019 growth was revised down by -0.3%pt, and FY2020 growth by -0.7%pt, reflecting the impact of social distancing, self-quarantines and reduced economic activities due to the coronavirus outbreak.
- KEIQ_No48_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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