Reports

Will the Primary Balance Deficit Continue in FY2026?

Budget Revisions and Trump Tariffs Could Worsen Fiscal Conditions by 3–4 tril Yen

Jan-Mar 2025 1st Preliminary GDP Estimate

Despite growth in private sector demand, real GDP registers negative growth for the first time in four quarters due to a decline in net exports and other factors

South Korea’s President Yoon Removed from Office: Real Estate Problem Key Issue in Election

Lee Jae-myung of the Democratic Party of Korea, who supports tenant protection oriented real estate policies, is taking the lead

Japan’s Economy: Monthly Outlook (Apr 2025)

Real GDP outlook revised in light of recent developments in Trump tariffs

Impact of Partial Suspension of Reciprocal Tariffs on Japanese economy

Tariffs on China to increase significantly, but the extent of downward pressure on real GDP for Japan will be limited to a maximum of 0.6%

Maximum Impact of Reciprocal Tariffs on Japan's Real GDP Estimated at -1.8%

The reciprocal tariff rate for Japan is unexpectedly high at 24%

Reciprocal Tariffs Lead to Downward Revision of Economic Outlook for Japan, US, Europe, and China

Outlook for real GDP growth in 2025 lowered by 0.4-0.6%pt

Japan’s Economy: Monthly Outlook (Mar 2025)

As uncertainty grows over Trump tariffs, wage increases in 2025 spring labor negotiations set to exceed previous year

What is Needed to Improve Productivity in Non-Manufacturing: A Key to Regional Revitalization?

A combination of tailored support measures based on industry-specific challenges is crucial

Will Japan’s Economy Gain a “Fisherman’s Benefit” from Trump's Tariffs?

Even if tariffs are widespread, negative impact will be mitigated by capturing substitute demand