Japan:2023 Article IV consultation-Press Release; Staff Report; and Statement by the Executive Director for Japan

Author: International Monetary Fund. Asia and Pacific Dept

Japan: 2023 Article IV consultation-Press Release; Staff Report; and Statement by the Executive Director for Japan

Volume/Issue: Volume 2023 Issue 127

Publication date: March 2023

ISBN: 9798400237362

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Topics covered in this book

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Labor , Inflation , Economics- Macroeconomics , Money and Monetary Policy , International - Economics , Environmental Economics , JGB yield , ultra-loose policy , money market rate , staff appraisal , base wage growth , Inflation , Climate change , Wages , Inflation targeting , Income , Global , Asia and Pacific

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Summary

Japan is navigating the recovery from the pandemic and the implications of the war in Ukraine. COVID-19 related restrictions have been gradually reduced since 2022, with border reopening last October. Headline inflation has recorded levels not seen in four decades.