IMF Lowers Japan's Growth Forecast for 2026 on Higher Energy Prices

MT Newswires Live
Jul 09

The International Monetary Fund lowered its Japan economic growth estimate for 2026, noting that while fiscal support measures will offer a cushion, higher energy prices continue to weigh on the economy.

In its World Economic Outlook update published late Wednesday, the IMF expects the country's economy to grow 0.6% in 2026, down 0.1 percentage point from the April estimate.

For 2027, the real GDP growth estimate was moved 0.1 percentage point higher from April to 0.7%.

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