1、Economic White Paper 2025(Annual Report on the Japanese Economy and Public Finance)-Overcoming Domestic and External Risks,Toward a“Growth-Oriented Economy”Driven by Wage Increases-SummaryJuly 2025Cabinet Office,Government of JapanProvisional translationContentsThis material has been tentatively pre
2、pared to explain the Annual Report on the Japanese Economy and Public Finance.For quotations and other purposes,please refer to the text of the Annual Report on the Japanese Economy and Public Finance.Chapter 1:Trends and Challenges in the Japanese EconomySection 1:Economic Trends through Mid-2025Se
3、ction 2:Trends in Prices and WagesSection 3:Current Situations and Challenges of Public FinanceChapter 2:Tasks for Continuous Wage Increases and Recovering Private ConsumptionSection 1:Toward a Recovery in Private ConsumptionSection 2:Toward Sustained Wage IncreasesSection 3:Long-Term Changes and Ch
4、allenges in the Labor MarketChapter 3:The Changing Global Economy and Challenges for Japanese FirmsSection 1:Changes and Challenges in Relationship between Japan and the Global Economy Section 2:Long-Term Changes and Challenges of Japanese FirmsFigure 2:Exports to the United States(volume and price)
5、8090100110120130140147 10 147 10 14 620232425(2020=100,3MA)(M)(Y)Car partsTotalCars4/3 25%tariffs on cars5/3 25%tariffs on parts9010011012013014003691215182124271.Export volume(to the U.S.)8085909510010511011512012513014710146202425(2023.1=100)Export price index(passenger vehicle,to Northern America
6、)Unit price of passenger vehicles to the U.S.(dollar base)90100110120036912 15 18 21 24 27(Trough quarter100,real term)Peak in cycles(1)and(2)2.Export prices(passenger vehicles)Figure 1:Comparison of past economic recovery phasesand the current phase3.Domestic private final demand(privateconsumption