INTERVIEW: World Bank Sees Japan Growth Slowing in 2025
By Adriana Reinecke
Washington, June 11 (Jiji Press)--Japan's growth is slowing this year due to the weakness in both domestic and external demand amid concerns over food price spikes and the U.S. high tariff policy, a senior World Bank economist observes.
"Obviously, food price inflation is quite high," World Bank Deputy Chief Economist Ayhan Kose said in an interview with Jiji Press in Washington on Monday, the day before the bank released its Global Economic Prospects report for June.
In the report, the international financial institution lowered its 2025 growth estimate for Japan's gross domestic product to 0.7 pct in inflation-adjusted real terms from 1.2 pct the bank forecast in its January report.
With growth decelerating, the Bank of Japan, which reduced inflation expectations for next year at its latest policy meeting last month, needs to monitor how economic activity and inflation will evolve to make future monetary policy decisions, Kose noted.
(2025/06/11-15:39)
To read a full story, please click here to find out how to subscribe.
NATIONAL
-
07/15 00:04 (Update) LDP-Komeito Struggling to Keep Upper House Majority - 07/14 22:12 LDP-Komeito Struggling to Keep Upper House Majority
- 07/14 21:39 80 Years On, 94-Yr-Old Woman Recalls Naval Bombardment
-
07/14 20:28 Japan Average Rice Price Down for 7th Straight Week - 07/14 19:13 LDP's Tsuruho Quits as Upper House Committee Chair after Gaffe
- 07/14 18:19 2 Die in Bus-Truck Head-on Collision in Tokushima
- 07/14 17:57 Fifth Disease Inflections in Japan Hit 26-Yr High
- 07/14 17:29 2025 POLLS: Opposition Fights Intensifying in Multi-Seat Constituencies
- 07/14 17:20 (Update) Japan's Emperor Emeritus Hospitalized for Further Treatment
- 07/14 17:19 Japan Team Finds Ancient Ocean Full of Squids
- 07/14 17:08 Sumo Association to Mark 100th Year with Ancient Ceremony
- 07/14 16:17 Japan's Emperor Emeritus Hospitalized for New Treatment
- 07/14 15:54 TEPCO Begins 2nd Round of FY 2025 Treated Water Releases
- 07/14 14:23 Trump Says Japan "Changing" Its Way in Tariff Talks
- 07/14 13:32 Japan Core Machinery Orders Down 0.6 Pct in May
- 07/14 13:18 BOJ Completes Sales of Stocks Bought during Financial Crises
- 07/14 12:11 2025 POLLS: Regional Revitalization Issue Put on Back Burner
- 07/14 10:32 Students in Japan Struggle with Japanese Language, Math Exams
- 07/14 08:30 2025 POLLS: Energy Policy Debate Dormant Despite Growing Risk
- 07/13 20:29 Japan Emperor, Empress Return from Trip to Mongolia
- 07/13 19:39 (Update) Talisman Sabre Military Exercise Kicks Off
- 07/13 15:46 Talisman Sabre Military Exercise Kicks Off
- 07/13 15:07 China Defends Warplane's Abnormal Approach to Japan ASDF Aircraft
- 07/13 13:45 Japan Ruling, Opposition Parties Discuss Dual Surname System
- 07/13 09:01 U.S. Minesweeper Makes Port Call in Niigata
- 07/13 07:00 U.S. Asks Japan to Clarify Roles in Possible Taiwan Contingency: FT
- 07/13 01:16 Visitors to Osaka Expo Likely to Exceed 10 M. Soon
- 07/12 21:17 Man Arrested for Alleged Murder in Kawasaki Woman's Case
- 07/12 20:10 Mother of 3 Kids Killed by Drunken Driver Gives 1st Lecture
- 07/12 19:21 Osaka Police Crack Down on "Tokuryu" Ring over Underage Prostitution
- 07/12 18:33 Japan's Emperor, Empress Watch Mongolian Horse Race
- 07/12 18:03 (Update) Tsuruho to Quit as Diet Committee Chief over Quake Gaffe
- 07/12 17:33 Japan Local Govts Leverage Osaka Expo to Lure Tourists
- 07/12 16:38 Tsuruho to Quit as Diet Committee Chief over Noto Quake Gaffe
- 07/12 14:08 One of World's Biggest Japan Festivals Kicks Off in Brazil
- 07/12 13:17 Ishiba Remark on Reducing Dependence on U.S. Not Problem: Rubio
- 07/12 12:44 Noto Assemblies Urge Tsuruho to Step Down over Quake Gaffe
- 07/12 12:00 Japan MSDF, U.S., Australian Navies to Enhance Logistics Cooperation
- 07/12 11:22 Interior of New Cruise Ship Asuka III Shown to Press
- 07/11 22:45 Japan, Others Seek Ceasefire in Gaza Strip
- 07/11 22:37 Japan, U.S., S. Korea Top Uniformed Officers Vow Cooperation
- 07/11 22:16 Over 120 Countries, Regions to Attend Hiroshima Peace Ceremony
- 07/11 21:49 (Update 2) China to Resume Japanese Beef Imports
- 07/11 21:08 Japan's Emperor, Empress Attend Mongolian Festival Event
- 07/11 20:37 China Registers 3 Japanese Fishery Firms for Exports
- 07/11 20:28 Japan, U.S., S. Korea Affirm Cooperation over N. Korea
- 07/11 20:25 2025 POLLS: Foreign Worker Policies in Spotlight
- 07/11 19:56 Japan Starts FY 2025 Minimum Wage Talks
- 07/11 19:56 2025 POLLS: Komeito, JCP Struggle to Keep Once-Stable Support
- 07/11 19:31 2025 POLLS: De Facto Married Couple Seek Early Introduction of Dual Surnames
- 07/11 19:26 Chinese Vice Premier Mentions Potential for Cooperation with Japan
- 07/11 18:01 Japan Summer Vacation Budget Hits Record High
- 07/11 17:18 Japan Crown Prince, His Family Visit Hiroshima A-Bomb Exhibition
- 07/11 17:10 (Update) China to Resume Japanese Beef Imports
- 07/11 15:28 Japan Firm Pays Record 1.5 B. Yen for Original Birkin Bag
- 07/11 14:20 LDP Moriyama, Chinese Vice Premier Apparently Discuss Beef Trade
- 07/11 13:52 Season's 1st Batch of Saury Sold for 300,000 Yen per kg at Toyosu
- 07/11 13:46 Japan SDF Chief Visits S. Korea for 1st Time since 2010
- 07/11 10:06 Japan, U.S., Philippines Oppose Maritime Coercion
- 07/11 09:17 China Court to Issue Ruling on Japanese Businessman on Wed.
- 07/11 00:09 Chinese Military Jet Abnormally Approaches SDF Plane Again
- 07/10 22:31 Japan to Strengthen Economic Cooperation with ASEAN: Iwaya
- 07/10 20:50 USJ to Open New Attraction Featuring Minions Fri.
- 07/10 20:43 (Update) Iwaya Conveys Concern over China's Rare Earth Curbs
- 07/10 20:10 Nearly Half in Quake-Hit Noto Areas Felt Digital Divide
- 07/10 20:10 Mouse Embryo Implantation Reproduced in Lab Equipment
- 07/10 19:26 Japan, New Zealand to Begin ACSA Talks
- 07/10 19:24 High-Tech Startups in China's Hangzhou Target Japan
- 07/10 18:54 Mt. Fuji Opens to Climbers on Shizuoka Side
- 07/10 18:48 2025 POLLS: Fund Scandal Overshadows LDP Candidate in Fukushima
- 07/10 18:23 BOJ Keeps Economic Views Intact for All Regions
- 07/10 17:59 Emperor Visits Mongolian School with Japanese-Style Education
- 07/10 17:59 Iwaya, Wang Confirm Promotion of Mutually Beneficial Ties
- 07/10 17:08 12 People Injured in Bus-Trailer Collision in Tokyo
- 07/10 16:43 Panel Urges Fujitsu to Help Victims of U.K. Post Office Scandal
- 07/10 16:30 Jiji Press Employee Nabbed for Alleged Theft
- 07/10 15:57 Japan to Tighten Rules for Foreigners' Driving License Switch
- 07/10 13:55 Japan Producer Prices Up 2.9 Pct in June
- 07/10 13:50 TSE Plans Exception to Growth Section Capitalization Rule
- 07/10 11:34 Emperor, Empress Meet with Japanese Residents in Mongolia
- 07/10 11:25 U.S. Treasury Sec. Bessent to Visit Osaka Expo July 19
- 07/10 09:48 Japan to Cut Price of Alzheimer's Drug Lecanemab
- 07/10 09:30 2025 POLLS: Japanese Parties Divided on Defense Spending Increase
- 07/10 08:30 2025 POLLS: Parties Losing Enthusiasm for Political Reform
- 07/09 22:24 Ishiba Vows No Easy Concessions in Tariff Talks with U.S.
- 07/09 21:46 (Update) LDP's Tsuruho under Fire for Noto Quake Gaffe
- 07/09 21:23 Pest Outbreaks Feared to Affect Rice Harvests Again
- 07/09 20:59 Yusaku Maezawa's Firm Found with Tax Declaration Error
- 07/09 20:41 More Residents Evacuate Quake-Hit Remote Island in Japan
- 07/09 19:56 Emperor Naruhito Visits "Kosen" Tech School in Mongolia
- 07/09 19:25 Police Double Staff for Lone Offenders after Abe Shooting
- 07/09 18:52 Japan Signs Pact to Boost Direct Investment from Britain
- 07/09 16:58 2025 POLLS: Opposition Cooperation in Shiga Pref. Showing Cracks
- 07/09 16:39 Ishiba, Ruling LDP Rocked by Trump Tariff Decision as Election Looms
- 07/09 16:07 Japan Unable to Present Volcanic Activity Outlook for Shinmoedake
- 07/09 15:37 GSDF Begins Osprey Deployment to Camp in Southwestern Japan
- 07/09 12:09 Japan, Canada Sign Information Security Agreement
- 07/09 11:12 U.S. Treasury Sec. Bessent Planning to Visit Osaka Expo
- 07/09 09:38 Japan Emperor Gives Video Speech at U.N. Water, Disaster Event
- 07/09 09:00 2025 POLLS: Premiums, Wages Are Focus in Social Security Debate
- 07/08 23:46 Emperor, Empress Mourn Japanese who Died in Mongolia
- 07/08 21:37 Over 10,000 People Sent to Hospital due to Heatstroke Last Week
- 07/08 21:23 Akazawa, Lutnick Agree to Continue Tariff Talks
- 07/08 20:54 Iwaya to Attend ASEAN-Related Meetings in Kuala Lumpur
- 07/08 20:33 Taiwan Hails Nagasaki's Approval for Attending Peace Ceremony
- 07/08 19:18 UNESCO Panel Nixes S. Korean Request over Japan Heritage Site
- 07/08 18:55 Ex-Prime Minister Shinzo Abe Remembered in His Constituency
- 07/08 18:23 More Residents to Evacuate Quake-Hit Remote Island in Japan
- 07/08 18:01 White House Displays Portrait of Truman, Who Ordered A-Bombing
- 07/08 17:37 Yen Tumbles to 2-Week Low over Trump Tariff Letter
- 07/08 17:16 Japan to Set Up Control Tower for Crimes by Foreigners
- 07/08 17:05 Ishiba Thanks Outgoing S. Korean Envoy
- 07/08 15:50 Japan Emperor, Empress Attend Welcome Ceremony in Mongolia
- 07/08 15:19 Ex-Japan PM Abe Mourned 3 Years after Shooting
- 07/08 14:45 2025 POLLS: Single-Seat Districts Hold Key to Election Success
- 07/08 13:46 Japan's Current Account Surplus Hits Record High for May
- 07/08 13:33 Ishiba Expresses Regret over Trump's Tariff Decision
- 07/08 12:55 Japan to Examine Tougher Defamation Penalties
- 07/08 11:33 (Update 2) Many Wounds Found on Women Killed in Central Japan Girl Bar
- 07/08 10:36 Japan Releases Guidelines on Shooting Urban Bears
- 07/08 10:33 (Update) U.S. Announces 25 Pct Tariffs for Japan
- 07/08 09:26 (Update) Many Wounds Found on Women Killed in Central Japan Girl Bar
- 07/08 09:00 Japan Launches Body to Foster Female Digital Experts
- 07/08 09:00 2025 POLLS: Nippon Ishin Faces Key Test in Birthplace Osaka
- 07/08 07:51 U.S. Announces 25 Pct Tariffs on Imports from Japan
- 07/07 15:04 Japan's Coincident Index Down 0.1 Point in May
