Japan Economic Outlook: On The Bumpy Road Towards Recovery

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Japan’s strong finish to 2021 hasn’t carried over to 2022. Virus concerns are weighing on household spending, keeping domestic demand weak and GDP below pre-pandemic levels. Externally, Russia’s invasion of Ukraine and COVID-19 lockdowns in China raise the likelihood of more supply disruptions. Slower growth worldwide is a headwind for exports. Meanwhile, surging commodity prices complicate the monetary policy path for the BoJ as it contends with the mixed blessing of elevated supply-side inflation and a weak yen.

Join Moody’s Analytics Senior Economist Dr. Stefan Angrick as he discussed how the Japanese economy will navigate these challenges.


  • Headwinds and tailwinds for Japan’s delayed pandemic recovery
  • Economic implications of Russia’s invasion of Ukraine
  • Inflation, exchange rates and monetary policy
  • Supply-chain disruptions and trade
  • Regional and global outlook

* This webinar will be conducted in Japanese and simultaneous interpretation will be available in English.

  • Speakers keyboard_arrow_down
    Stefan Angrick Senior Economist Moody's Analytics Bio
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