Japan Lowers Economic Growth Forecast Amid High Oil Prices

The Japanese government has reduced its projection for real economic growth in fiscal 2026 from 1.3% to 0.9%, citing the negative impact of elevated oil prices on growth.

30 Jul, 01:47 — 30 Jul, 01:47

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japan-timesMostly Factual17h ago

Japan trims economic outlook as elevated oil prices weigh on growth

The government has cut its projection for real growth in fiscal 2026 to 0.9% from the January forecast of 1.3%.

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Japan Lowers Economic Growth Forecast Amid High Oil Prices

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Japan trims economic outlook as elevated oil prices weigh on growth

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