Economics

Japan Forecasts Slower Growth as Strong Yen Threatens Exporters

Lock
This article is for subscribers only.

Japan’s government said growth will slow in 2011 as the yen’s 11 percent surge against the dollar this year threatens the recovery.

Gross domestic product will probably rise 1.5 percent in the year starting April 1 after growing a projected 3.1 percent this year, the Cabinet Office said today in Tokyo.