In the past, Japan has achieved high levels of welfare for many years by grasping the data growth very quickly in the past, having faced economic difficulties in recent years.
According to Moody's analysis, the Japanese economy will face increasing difficulties due to negative trade conditions and weak domestic demand in the second half of this year. Although it may be modified in the second quarter GDP data, the basic issues in production and spending of consumers are expected to continue. The Dave economist said that the temporary increase in the second quarter of GDP did not hide challenges such as customs and foreign competition that the Japanese economy faced. According to the division, the new US customs tax, especially the 15 %tax rate, in the second half of the year of export and industrial production, significantly affect GDP significantly affecting GDP. Domestic demand is expected to not provide significant relief because the fact that inflation has left the Government's salary increase and difficulties in investment initiatives due to the delay of major projects. This challenging economic environment is expected to force the Central Bank of Japan (BOJ) to maintain the current policy position until 2025. The last GDP data in the second quarter will be announced on September 8.
