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28 Apr 2023
BOJ Quarterly Outlook Report: Uncertainty over Japan's economy extremely high
Following are the key highlights from the Bank of Japan’s (BoJ) quarterly outlook report, reported by Reuters.
Key takeaways
Board's real GDP fiscal 2025 median forecast at +1.0%
Board's real GDP fiscal 2024 median forecast at +1.2% vs +1.1% in january
Board's real gdp fiscal 2023 median forecast at +1.4% vs +1.7% in january
Uncertainty over japan's economy extremely high
Need to closely watch financial, currency market moves and their impact on japan's economy and prices
Risks to economic outlook broadly balanced
Risks to price outlook skewed to upside in fiscal year 2023 but skewed to downside in fiscal year 2025
Uncertainty is high for china's economy
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