Japan GDP growth to slow as reconstruction impact fades

04 Oct 2012

Japan’s growth prospects will fall over the next few years, as the boost to the economy from the reconstruction efforts last year starts to fade, bank and credit analysts said this week.

Growth in the country’s gross domestic product will hit close to 2% when the fiscal year ends in March 2013, but this could fall to 1.6% next year — and below 1% in the year after that, according to analysts at Standard & Poor’s.

The government budgeted for ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial