Japan Set to Cut Economic Growth Forecast, Sources Say
TMTPOST--Japan is anticipated to slightly lower its economic growth forecast from 1.3% for the fiscal year ending March 2025, as rising import costs driven by a weakening yen impact consumption, Reuters reported, citing two government sources.
The Japanese government releases its economic growth forecasts, which are used to compile the state budget, in January and revises them around July.
In the revised estimates expected next week, the forecast is likely to be reduced to approximately 1.0%.
More News