Japan`s GDP in 2010 to increase by over 1 percent.

TOKYO, December 26 (Itar-Tass) -- The real gross domestic product
(GDP) of Japan in 2010 will increase by 1.4 percent, but unemployment will
be still high in the country. This is said in a forecast of the Japanese
government on prospects of the economic situation in the next fiscal year
which begins in Japan on April 1. The forecast was published here on
Saturday.
As the document, which was officially approved at a meeting of the
cabinet of ministers on Friday, stresses, such a GDP growth will be
registered for the first time over the last three years. It will be
possible due to the economy encouraging measures mapped out by the
authorities and building up of volumes of production and export. At the
same time, judging by the government's forecast, unemployment in the
country in 2010 will amount to approximately 5.3 percent and won't change
considerably in comparison with the record high index of 2009.
The document also admits that the deflation development tendency
registered in Japan in 2009 will maintain and the index of consumer prices
in the country will go down over the coming year by average 0.8 percent.
At the same time, the authorities are convinced that the main economic
difficulties will be overcome as a whole. Finance Minister Hirohisa Fujii
believes that there will be no second wave of recession in Japan.
-0-ast