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Japan's government raises its fiscal 2023 economic growth forecast (cut for 2022 though)

Japan's government raises its fiscal 2023 economic growth forecast (cut for 2022 though)

The Japanese government has rasied its Fiscal Year 2023 GDP growth forecast to 1.5%, citing higher wages, higher business investment

  • from the 1.1% forecast last time around in July

For FY 2022 it's a cut to 1.7%

  • from 2.0% in July

As for inflation, the overall CPI forecast for FY 2023 is 1.7%

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Japan's 2023 fiscal year begins on April 1.

This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Dec 22 2022, 00:56
Author Name: forexlive
Views: 111770

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