BOJ policy board members' CPI, GDP forecasts for FY2025-2027
ReutersJan 23, 2026 3:14 AM
TOKYO, Jan 23 (Reuters) - Here are the median forecasts for changes in real gross domestic product (GDP) and consumer price index (CPI) from the Bank of Japan's policy board members.
(year/year % change, previous forecasts in brackets)
Real GDP | Core CPI (excl fresh food) | Core-core CPI (excl fresh food, energy) | |
Fiscal 2025/26 | +0.9 (+0.7) | +2.7 (+2.7) | +3.0 (+2.8) |
Fiscal 2026/27 | +1.0 (+0.7) | +1.9 (+1.8) | +2.2 (+2.0) |
Fiscal 2027/28 | +0.8 (+1.0) | +2.0 (+2.0) | +2.1 (+2.0) |
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