Japan is lower than G4 GDP, BOJ’s interest rate Outlook is worse

Japan’s economic growth slowed 2.2% on an annual basis in the fourth quarter, and it made the Central Bank difficult to increase the work of the Central Bank in the near future.

The revised data was lower than the median forecast of economists and Initial estimate increases 2.8%.

In a quarter of a quarter, 0.6% expanded compared to GDP 0.7% increase in preliminary data Last month showed the revised information of the released cabinet office on Tuesday.

The Bank of Japan is likely to continue political rate in the next policy meeting on March 18-19 Reuters reported. Again, the grade, which adopts the rate, due to concerns related to inflationary pressure and food expenses can discuss another interest rate in the shorter.

Japan’s Prime Minister Shigeru work told Monday The Central Bank is close to reach 2% inflation target. “The Japan Bank has taken various steps to achieve stable prices,” he said.

While the Central Bank wants to normalize the Ultra blank policy policy last year, the Central Bank increased short-term interest rates in January a quarter percentage – The highest level since the global financial crisis in 2008.

Bank of Japan Governor Kazuo Ueda and Other members of the rating assessment board make rich Lightened Hike If inflation continuously moves 2% to inflation target.

The 10-year government bond product of the country Recently up to the highest level since October 2008Inflation in the country, a global sales in the bonds, as well as the Central Bank will continue to purchase Japanese government bonds.

Japan has hood inflation 34 for a straight moon left on the target of 2% of BojIn January, the latest figure was 4% high in high height.

Core-Core inflation rate that draws both fresh food and energy prices and closely followed by the BOJ, has increased its highest degree since March 2024, a slightly 2.5% by BOJ.

Separately, BOJ, Wednesday, as the prices of goods filled each other, gave the price index of corporate goods for January. According to Reuters, a year ago, a year ago, a decrease of 0.1% in size is expected in size, a monthly decrease in size.

– CNBC’s Lim Hui Jie contributed to this report.