You are here

Momentum in Japan's economy may soon fizzle out, IMF warns

Expiration of fiscal support, lower expansion in foreign demand will reduce growth

The IMF noted that the structural reforms under Abenomics have seen unemployment fall to record lows, with the job offer-to-applicants ratio at an all-time high, and data suggesting a steady increase in business and consumer confidence.


THE International Monetary Fund (IMF) warned on Monday that the sweet spot that the Japanese economy is now in - boosted chiefly by external demand and fiscal stimulus - may not last long unless bolder steps are taken to strengthen longer-term growth and inflation.

The recent...