BoJ forecasts weaker inflation but stronger growth

bank-of-japan-new

The Bank of Japan has pared back its forecast for inflation in the 2021 fiscal year, but now estimates that growth will be stronger than previously expected.

The central bank’s latest forecasts, published on April 27, show policy board members expect growth of 3.6–4.4% in this fiscal year, which began in April. This was an upward revision from the 3.3–4% forecast in January. The board also raised its forecasts for fiscal 2022.

Inflation, however, is expected to remain very weak. The BoJ’s

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: