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World Bank Trims 2026 GDP Growth Forecast for Japan to 0.7%

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The World Bank trimmed its 2026 economic growth forecast for Japan amid rising energy prices, with the country facing slowing consumption and exports.

In its latest Global Economic Prospects released Thursday, the international organization said Japan's gross domestic product is expected to grow 0.7% in 2026, down from an estimated growth of 1.1% in 2025.

GDP growth is expected to rise moderately to 0.9% in 2027 before decelerating again in 2028 to 0.8% as domestic demand improves amid easing inflation and rising wages.

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