Japan: Staff Report for the 2004 Article IV Consultation

Publication Date:

August 11, 2004

Electronic Access:

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Summary:

This 2004 Article IV Consultation highlights that Japan’s economic recovery continued in 2003 and into the first part of 2004. For 2003, GDP growth reached 2½ percent, double the mid-year consensus forecast, and continued at about 6 percent on an annualized basis in the first quarter of 2004. As the economic recovery broadens further, real GDP is projected to expand by 4½ percent in 2004 and 2½ percent in 2005, with CPI deflation ebbing to zero by the end of this period.

Series:

Country Report No. 2004/249

Subject:

English

Publication Date:

August 11, 2004

ISBN/ISSN:

9781451977806/1934-7685

Stock No:

1JPNEA0032004

Pages:

51

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