• Japan’s government cut its economic growth forecast for the next fiscal year

Market news

12 January 2015

Japan’s government cut its economic growth forecast for the next fiscal year

Japan's government released its growth forecasts for the next fiscal year on Monday. The economy is expected to expand 1.5% in the fiscal year through March 2016, up from an earlier forecast of 1.4%. But the government lowered its growth forecast for the current fiscal year to a -0.5%, down from the previous forecast of 1.2%.

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