Japan: Staff Report for the 2004 Article IV Consultation
IMF Staff Country Reports, August 11, 2004
Source details
- Canonical URL
- Japan: Staff Report for the 2004 Article IV Consultation
Other formats
Bibliographic details
- Published: August 11, 2004
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451977806.002
Summary and key findings
- 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.
- Economic activity continued at about 6 percent on an annualized basis in the first quarter of 2004.
Projections
- Real GDP is projected to expand by 4½ percent in 2004.
- Real GDP is projected to expand by 2½ percent in 2005.
- CPI deflation is projected to ebb to zero by the end of this period.
Subject coverage and keywords
- Subject: Banking, Corporate sector, Deflation, Economic sectors, Inflation, Macrostructural analysis, Prices, Public debt, Structural reforms
- Keywords: coalition, core CPI, core CPI deflation, Corporate sector, CR, Deflation, Global, government plan, Inflation, ISCR, opposition Democratic Party of Japan, ruling coalition, Structural reforms, upper house election
Content in this bundle
- _cr04249 — Executive Summary and Staff Report Highlights