Japan’s economy is caught between a dismal trade outlook and fragile domestic demand. Conflict in the Middle East has sent commodity prices surging, an uncomfortable echo of the inflation and supply shocks that followed the pandemic and Russia’s invasion of Ukraine. U.S. tariff policy remains in flux, with the threat of higher import levies far from gone. Trade threats and stiffer competition from China are added concerns. At home, the lack of real wage growth is the main drag. Slowing inflation and steady nominal pay gains were supposed to lift real incomes in 2026, but the prospect of a fresh jump in inflation pushes that scenario into the distance.
Join the Moody’s Analytics Japan Outlook Webinar to explore what lies ahead for Japan’s economy and the risks shaping the outlook.
Topic:
- Outlook for growth and inflation in 2026 and 2027
- How the Middle East conflict affects Japan’s economy
- What to expect for monetary and fiscal policy
- The global and regional economic backdrop
- Key risks and opportunities shaping the outlook
*This webinar will be conducted in Japanese with simultaneous translation into English.
*If you have any questions, please contact asiaevents@moodys.com.
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SpeakersStefan Angrick Head of Japan and Frontier Market Economics Moody's Analytics
Minami Yanagisawa Assc Dir-Solutions Specialist Moody's Analytics
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Stefan Angrick is the Head of Japan and Frontier Market Economics at Moody's in Tokyo. He holds a master's degree from Leipzig University and a PhD from the National Graduate Institute for Policy Studies in Tokyo. He has previously held positions with Oxford Economics, the Asian Development Bank Institute, the Bank of Finland, and Keio University.