Economic Outlook

Latest economic forecasts for Japan, the U.S., Europe, and China, etc

NewJun. 19, 2026

Uncertainty in the Middle East and supply constraints weigh on 2026 growth

Feb. 27, 2026

Expected economic stability in 2026, but U.S.- or Japan-origin risks remain
Dec. 12, 2025

3% growth expected in 2026, but watch for financial shocks and real economy spillovers
Sep. 25, 2025

The global economy stands on a delicate balance between tariff impacts and policy support
Jun. 19, 2025

Policy uncertainty pushes economy lower, global growth below 3% in 2025

Back Number

Feb. 28, 2025: The global economy is expected to maintain 3％ growth in 2025, but this is conditional on the escalation of trade wars being avoided

Dec. 10, 2024: 2025 will be a year focused on policy uncertainty and regional disparities

Oct. 2, 2024: Global economy at a standstill; next wave of recovery to begin in the second half of 2025

Jun. 24, 2024: The global economy seeks a path to stable growth while incorporating fragility

Mar. 13, 2024: New opportunities in 2025 following uncertainty and fragile stability

Jan. 10, 2024: 2024 Top10 Risks

Dec. 25, 2023: Dec. 2023 Short-term Economic Outlook Summary

Oct. 3, 2023: Sep. 2023 Short-term Economic Outlook Summary

Jun. 26, 2023: Jun. 2023 Short-term Economic Outlook Summary

Mar. 20, 2023: Mar. 2023 Short-term Economic Outlook Summary

Jan. 17, 2023: Dec. 2022 Short-term Economic Outlook Summary

Oct. 13, 2022: Sep. 2022 Short-term Economic Outlook Summary

Jul. 7, 2022: Jun. 2022 Short-term Economic Outlook Summary

Apr. 6, 2022: Mar. 2022 Short-term Economic Outlook Summary

Jan. 18, 2022: Dec. 2021 Short-term Economic Outlook Summary

Oct. 11, 2021: Sep. 2021 Short-term Economic Outlook Summary

Jul. 15, 2021: Jun. 2021 Short-term Economic Outlook Summary

May. 3, 2021: Mar. 2021 Short-term Economic Outlook Summary

Jan. 28, 2021: Dec. 2020 Short-term Economic Outlook Summary

Oct. 16, 2020: Sep. 2020 Short-term Economic Outlook Summary

Jul. 8, 2020: Jun. 2020 Short-term Economic Outlook Summary

Mar. 13, 2020: Mar. 2020 Short-term Economic Outlook Summary

Jan. 14, 2020: Dec. 2019 Short-term Economic Outlook Summary

Oct. 23, 2019: Sep. 2019 Short-term Economic Outlook Summary

Jul. 3, 2019: Jun. 2019 Short-term Economic Outlook Summary

Mar. 18, 2019: Feb. 2019 Short-term Economic Outlook Summary

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