日本预计：通过财政刺激措施 明年经济增长将加快

Core Viewpoint - The Japanese government has raised its economic forecast for the fiscal year ending in March next year, expecting accelerated economic growth in the following year due to a large-scale economic stimulus plan aimed at boosting consumption and capital expenditure [1] Economic Forecast - The government projects a GDP growth rate of 1.1% for the current fiscal year, an increase from the previous estimate of 0.7%, primarily due to lower-than-expected negative impacts from U.S. tariffs [1] - For the fiscal year 2026, the economic growth rate is expected to accelerate to 1.3%, with strong consumption and capital expenditure offsetting weak overseas demand [1] Consumer Spending - Supported by tax reduction policies and easing inflation, household spending is expected to remain robust, with a projected consumption growth rate of 1.3% for the next fiscal year, consistent with the forecast for fiscal year 2025 [1] Capital Expenditure - Capital expenditure is anticipated to grow by 2.8% in fiscal year 2026, up from an estimated 1.9% for the current fiscal year, driven by government subsidies and tax reduction policies encouraging businesses to invest more in crisis management and growth areas [1]