Economic growth in Japan expected to accelerate in 2025: IMF
Economic growth in Japan is expected to accelerate this year and converge to its potential of 0.5 per cent in the medium term, with private consumption strengthening further as above-inflation wage growth will boost households’ disposable income, the IMF said. Private investment is also expected to remain strong, supported by high corporate profits and accommodative financial conditions, it noted.
Economic growth in Japan is expected to accelerate this year and converge to its potential of 0.5 per cent in the medium term, with private consumption strengthening further as above-inflation wage growth will boost households’ disposable income, the IMF said.
Private investment is also expected to remain strong, supported by high corporate profits and accommodative financial conditions, it noted.
