These figures are above Japan's potential growth rate, which is estimated to be in the range of 0.5-1.0 percent.
In fiscal 2019, although the growth pace is projected to decelerate, the economy is expected to continue expanding, underpinned by the increase in exports on the back of the growth in overseas economies, and the median of the forecasts of the real GDP growth rate is 0.7 percent. The economic activity could, of course, deviate either upward or downward from these projections.