READ CAREFULLY - X BanyCUTb KOHpepeHUNIO - Zoon X ?projector=1&messagePartld=0.1 LUD SPIIng 2042 1) The Japan Research Institute indicates that these are some of the expectations for the Japanese economy in the next few months and years: After GDP growth finished at 2.4% in 2021, Japan's growth rate forecast for 2022 is +3.0%. After recording high positive growth for two consecutive years, backed by the recovery of economic activity from the COVID-19 pandemic, the growth rate for FY2023 is expected to be +1.3%, indicating that the pace of growth will slow as economic activity is normalized. It is forecast that Japan's real GDP will recover to the pre-COVID-19 peak in the January-March 2023 period. Other indicators for the Japanese economy are in the table below, and inflation expectations until 2026 are in the following figure. 1% changes from the previous fiscal year) FY2021 FY2022 FY2023 n) Projection) (Projection Real GDP 2. 1. 3 Private Consumption Expenditure Housing Investment 12 10.5 Business Fixed Investment 3.8 2.9 Private Inventories (percentage poses contributon) ( 0. 2) ( 0.0) Government Consumption Expenditure .9 13 Public Investment 05 0.0 Net Exports (percentage points contribuson) ( 0. 0) (4 0. 0) Exports of Goods and Services 12. 6 3.4 3.0 Imports of Goods and Services 6. 3 3.0 Ref.) Domestic Private Demand (percentage points corey bution) ( 12. 6) ( 3.4) ( 3.0 H (Ref.) Public Demand (percentage points cornbution() ( 6. 3) ( 3.0) ( 2.9) % changes from the previous fiscal year) Nominal GDP 2. 8 1. 9 GDP deflator 4 0. 3 0. 6 Consumer Price Index (excluding fresh food) 1. 7 0. 5 Unemployment Rate (96) 2. 8 2. 5 Exchange Rates (JY/USS) 112 1 16 Import Price of Crude Oil (USS/barrel) Japan : Inflation rate from 1986 to 2026 (compared to the previous year) 2.76% 9 O EN 17 C RaMfcgzGpFzsqwtQPpTDgHDPtddBLsbjv?projector= 1messagePartid=0.1 Import Price of Crude Oil(USS/barrel) 102 Japan : Inflation rate from 1986 to 2026 (compared to the previous year) 2.76% 1249 1.38% 0.99% 0.83% 0.0% 0.65%% 47% 0.54% 0.25% 0.312 0.03% Additional Information: Since these forecasts, the yen has depreciated more than expected and is now being traded at 130 yen per USD. However, from The Wall Street Journal: "Bank of Japan Will Stick to Easy Monetary Policy, Gov. Kuroda Says By Megumi Fujikawa, May 13, 2022, 12:34 am ET. Bank of Japan Gov. Haruhiko Kuroda reiterated Friday that the central bank would stick to its monetary easing program as the nation's economy is still recovering from the impact of the pandemic. O P3 EN 17.C