On December 26, the Japanese government announced that the country's GDP in 2025 could reach its maximum.
Japan's economy is expected to recover from April 2025. (Source: Getty) |
Japan's economy is forecast to grow 1.2% from April 2025. Domestic consumption is forecast to increase by 1.3%, with inflation rising by 2% in 2025.
In particular, the gap between actual GDP and potential GDP in 2025 is forecast to be 0.4%, reaching positive growth for the first time in 7 years.
Previously, since 2019, Japan's real GDP has always been lower than its potential GDP. The lowest figure reached -4.5% during the Covid-19 pandemic in 2020. This is a positive signal for the Japanese economy and a sign of increasing domestic demand.
Explaining the forecast, the Japanese government said the country's economy is recovering thanks to personal consumption indexes, stable inflation, economic support packages starting to take effect, and exports and foreign national economies growing again.
The Bank of Japan will rely on economic forecasts to decide whether to raise interest rates.
Source: https://baoquocte.vn/lan-dau-tien-sau-7-nam-ne-n-kinh-te-nhat-ban-lam-m-duoc-dieu-u-na-y-298819.html
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