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Tokyo trims growth outlook for fiscal 2015

It says GDP will rise 1.7 per cent instead of 2 per cent; consumer price inflation will be 1.9 per cent, not 2 per cent

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The downward revision of the country's economic numbers is being made in the light of the temporary slowing of the US economy, China's ongoing slowdown and uncertainties caused by the Greek debt crisis.

Tokyo

THE Bank of Japan (BOJ) on Wednesday revised down slightly its forecast for the country's economic growth for fiscal 2015, in the light of global developments such as the temporary slowing of the US economy, the ongoing slowdown in China and uncertainties caused by the Greek debt

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