Japan’s government raises its fiscal 2023 economic growth forecast (cut for 2022 though)

The Japanese government has rasied its Fiscal Year 2023 GDP growth forecast to 1.5%, citing higher wages, higher business investment

• from the 1.1% forecast last time around in July

For FY 2022 it’s a cut to 1.7%

As for inflation, the overall CPI forecast for FY 2023 is 1.7%

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Japan’s 2023 fiscal year begins on April 1.