The Japanese economy is set to expand more slowly in the coming year than previously thought, courtesy of the US-China trade war, according to a Reuters poll of economists conducted between Nov. 6 and Nov. 11.
Key points (Source: Reuters)
- 33 of 36, said downside risks to Japan’s economy have increased compared with three months ago.
- Japan FY 2018 GDP seen +1.0 percent, FY 2019 GDP seen +0.7 percent (vs +1.2 percent, +0.8 percent In Oct Poll).
- Expected Japan mobile phone fee cut would push down the core CPI; economists split whether the fee cut would help boost consumer spending.