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2.6 JAPAN
2018/01/21
Japan’s real GDP growth rate in the quarter from July to September of 2017 recorded a 1.4% increase over the same quarter of the previous year, attaining positive growth for seven consecutive quarters.
 
Although the future perspectives of overseas economies are still felt to be rather opaque, Japanese equipment export and investment are expected to increase, thanks to the ongoing growth of the U.S. economy. It is also expected that, although personal income now shows a bearish trend, the domestic economy will re-covered with harmoniously balanced internal and external demand under the favorable employment environment. As a result, Japan’s real GDP growth rate in 2017 is predicted to record 1.5%.
 
It is also expected that Japan’s economy will continue to recover in 2018 and the real GDP growth rate will record 1.1%, showing positive growth for four consecutive years. Expansion of demand for infrastructure construction will peak during the lead up to the Tokyo Olympics, and increases in redevelopment projects in the Metropolitan area will mainly serve as a factor that will boost the domestic economy.
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