The Japanese government has rasied its Fiscal Year 2023 GDP growth forecast to 1.5%, citing higher wages, higher business investment

  • from the 1.1% forecast last time around in July

For FY 2022 it's a cut to 1.7%

  • from 2.0% in July

As for inflation, the overall CPI forecast for FY 2023 is 1.7%

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Japan's 2023 fiscal year begins on April 1.

Japan inc