Fiscal Balance in Japan

Japan Fiscal Balance | Economic News & Forecasts

Japan - Fiscal Balance

The economy will have contracted for the third consecutive quarter in Q2 due to the coronavirus crisis and the national state of emergency that was declared between April and May, which allowed prefecture governors to request people to stay at home. Although the private-sector PMI reading increased for the second consecutive month in June, driven by a slower contraction in the services sector and despite a faster contraction in the manufacturing sector, the PMI still remained notably low by historical standards. Moreover, merchandise exports decreased in May at the fastest pace since the Global Financial Crisis. In April, industrial production also fell at the sharpest rate since the crisis, while retail sales fell at the quickest pace in over five years.

Japan - Fiscal Balance Data

2015   2016   2017   2018   2019  
Fiscal Balance (% of GDP)-3.8  -3.7  -3.1  -2.4  -2.8  

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Japan Facts

Value Change Date
Bond Yield-0.02-4.41 %Dec 30
Exchange Rate108.7-0.35 %Jan 01

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