Japan Economic Growth
September 27, 2016
The Central Bank’s ultra-loose monetary policy, the government’s proactive fiscal stimulus and a low unemployment rate are expected to support growth this year. However, a strong yen remains the main downside risk to growth. Overall, the lack of profound economic reforms is clouding Japan’s long-term growth prospects. Analysts see the economy growing 0.6% this year, which is up 0.1 percentage points from last month's projection. Next year, they see growth at 0.8%.