Researchers say weaker EMs will slow Japan GDP growth
The Japan Center for Economic Research monthly survey of professional forecasters (41 of them!)
- Looking for real GDP at 0.55% annualized during July-September
- They had forecasts 1.67% in the previous survey
- Cited recent softening in emerging markets
- Forecast a slowing in exports, 0.62% growth from 1.39% prior
- Forecast fiscal 2015 GDp at 0.97% (down from 1.11% prior and much lower than official government estimates from July at 1.5%)
- FY 2016 forecast is at 1.59%
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