If inflation in Japan comes back down to the central bank’s 2-per cent target while maintaining a level of nominal growth, real GDP will rebound quite nicely, Deloitte said.
Some components of inflation are likely to ease this year.
Deloitte expects real GDP to return to positive growth as some inflationary pressures ease, but the rate will likely remain relatively subdued through at least 2025 end.
Some components of inflation are likely to ease this year.
Deloitte expects real GDP to return to positive growth as some inflationary pressures ease, but the rate will likely remain relatively subdued through at least 2025 end.