February 28, 2018 22:00 JST

The growth streak for Japan may end in 2018 first quarter


Judging by the weak industrial output and retail sales for January, there is a good chance the January-March quarter would show a negative growth for Japan, ending the eight-quarters-long positive growth streak. The weak economic activities in January were due to transitory factors and there is yet no reason to turn pessimistic on Japan's growth outlook though. Seeing a negatively growing quarter may also be a good wake up call for Japanese policymakers who have become complacent about achieving sustained reflation.

To read a full report, please become a Standard / Corporate subscriber.

Start a subscription with 30-days Free Trial

If you are already a JMA subscriber please

Recently Published

What more can the Bank of Japan do? This is the question economists in Japan hav...

View Page

In April 2019, Japan's Prime Minister Abe enjoyed a sizable bump in his approval...

View Page

BoJ made an important change to its policy statement on April 27 by dropping the...

View Page

For years, ROE among Japanese companies languished in low single digits. No more...

View Page