Naoki Iizuka
Naoki Iizuka
corporate deflation demand domestic driving growth leading spending
Domestic demand is leading growth and will keep driving the expansion. With the end of deflation on the horizon, corporate spending is going to accelerate.
closely expect export following industrial maintain output production strong
Industrial output has been closely following export moves, and we can expect production to maintain strong momentum.
bank concerns conditions financial gauge growing including japan markets move next raise setting start
Setting a new guidepost by the Bank of Japan is crucial. There are growing concerns in financial markets about how to gauge the Bank of Japan's next move after the conditions are met, including when it will start to raise rates.
biggest blow concern continue growth japanese oil prices push rising shrinking surplus
The surplus will continue shrinking as oil prices push up imports. The biggest concern is that rising oil prices could derail growth in the U.S. and other countries, which would be a blow to Japanese exports.
gap minus output percentage plus zero
I think the output gap is around zero percent, plus or minus 0.5 percentage points.
asian china domestic driving economies expect force given imports increase japan major move role share states united
Given the domestic demand-led recovery, I would expect Japan to increase imports from China and other Asian economies this year, in a move to share the role with the United States as a major driving force in the world economy.