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27 Apr 2023 | Asia Pacific | Market Research
Japan Macroeconomic Growth Opportunities, 2027
Increased Government Spending, Subsidy Support to Households and Businesses, and Loose Monetary Policies to Support Medium-Term Growth
Following years of subdued growth, the Japanese economy registered a good rebound in 2021, with a real GDP growth of 2.1%. The country’s reopening and the consequent boost to household consumption and consumer spending were key growth drivers of 2022’s estimated 1.1% growth. However, soaring energy and food prices have weighed on Japan’s fiscal hea...
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