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Forecast for the Japanese Economy in Fiscal 2011 and 2012: November 2011
-- Strong Recovery Momentum after the Earthquake Will Gradually Diminish --

Summary

1. Outlook for the Japanese Economy in Fiscal 2011 and Fiscal 2012
-- Strong Recovery Momentum after the Earthquake Will Gradually Diminish

(1)Current State of the Economy: Real GDP Growth Takes a Major Turn Upward

(2)Growing Concerns about a Downturn in the Economy: External Demand Holds the Key

(3)Outlook for Fiscal 2011 and Fiscal 2012: Pace of Recovery Trend Will Slow in the Latter Half of Fiscal 2011

2. Forecasts of Economic Activity by Sector

(1)Corporations

(2)Households

(3)Government

(4)Trends in Overseas Economies

3. Forecasts for Prices and Financial Markets

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