Analysts: Japan Gdp To Grow In Fy2021

Analysts: Japan GDP to grow in FY2021

Analysts have updated their projections for Japan's GDP as the impact of the pandemic becomes clearer. They're expecting a return to growth in fiscal 2021, but not before some significant economic pain.

Eight private research firms revised their projections for Japan's economy. The changes come after the country's GDP shrank at an annualized 27.8 percent in real terms in the April-to-June period.