Japan Upgrades Economic Outlook For First Time In Over A Year, Fuelled by Rising Consumption
Japan Upgrades Economic Outlook For First Time In Over A Year, Fuelled by Rising Consumption
The Japanese government has upgraded its economic assessment for the first time in over a year, signalling signs of improved consumption and fostering optimism for a broader recovery. This positive shift in outlook was highlighted in the Cabinet Office's monthly economic report for August, marking the first upgrade since May 2023.
日本政府首次在一年多以來上調了其經濟評估,表明消費有所改善,並對更廣泛的復甦持樂觀態度。這種積極的前景轉變在內閣府8月份的月度經濟報告中得到了突顯,這是自2023年5月以來的首次升級。
The report notes that while the Japanese economy is recovering at a moderate pace, some areas still appear to be stagnant. Consumption has seen an uptick as the effects of shipping stoppages at certain automakers diminish. Additionally, an increase in household disposable income, along with temporary cuts in income and resident taxes, has contributed to this boost in consumption.
報告指出,雖然日本經濟正在以適度的步伐恢復,但某些領域仍然呈現停滯狀態。由於某些汽車製造商的運輸停工影響減弱,消費出現了小幅反彈。此外,家庭可支配收入的增加以及個人所得稅和居民稅的暫時減免,也助推了消費的增長。
Despite this, the extreme summer heat has led to mixed results in consumption patterns. While there has been a rise in demand for air-conditioning, parasols, and ice cream, foot traffic at theme parks and restaurants has decreased.
然而,極熱的夏天導致消費模式出現了不同的結果。雖然對空調、遮陽傘和冰淇淋的需求增加,但主題公園和餐廳的客流量卻下降了。
The report also forecasts a decline in import prices, primarily due to a recent correction in the yen's weak trend. Furthermore, for the first time in more than two years, the assessment for housing construction has been upgraded to "almost flat" from the previous "in a weak tone," reflecting a halt in the decline of owner-occupied house construction.
報告還預測進口價格將下降,主要是由於日元疲軟趨勢近期的修正。此外,住宅建設的評估首次在兩年多以來被升級爲「幾乎持平」,這反映出業主自用住宅建設下降的趨勢已經停止。
Assessments for other sub-sectors, including exports, remain unchanged. The updated report was presented at a meeting attended by relevant cabinet ministers and Bank of Japan (BOJ) Governor Kazuo Ueda.
對出口等其他細分領域的評估保持不變。更新後的報告在相關內閣成員和日本銀行行長植田和男出席的會議上提交。
Earlier in the month, government data revealed that Japan's economy had expanded at a much faster-than-expected annualised rate of 3.1 per cent in the second quarter. This rebound, following a slump at the beginning of the year, was largely attributed to a robust increase in consumption.
本月早些時候,政府數據顯示,日本經濟在第二季度以比預期快得多的年化增長率3.1%擴張。這一反彈是因爲消費的強勁增長,繼年初的下滑之後。
Source: Reuters
資料來源:路透社