Japan: Staff Report for the 2004 Article IV Consultation

August 11, 2004

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Japan: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed September 19, 2024

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.

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

Publication Details

Pages:

51
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/249
Stock No:

1JPNEA0032004
ISBN:

9781451977806
ISSN:

1934-7685

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