This is the oldest English-language monthly economic review in Japan and is published since 1923.
MERI’s Monthly Circular is a prime source of information drawn from selected research and reports on the Japanese economy.
MERI’s Monthly Circular’s readership includes the prominent institutions and central banks of the world.。

Monthly Circular
Monthly Circular-Survey of Economic Conditions in Japan-
MAY 2025 No.1145

Contents
- Persistently High Prices in Japan
- Ishiba Budget Lacks Relevance: Fails to Pursue the Dual Goals of Growth and Fiscal Reconstruction
- How Should Japan Address Its 2025 Problem?
- US Government Finances Waver under Republican Trifecta
- Employment of Foreign Nationals Expanding in Japan
- Economic Statistics
For other information
E-mail:meri@meri.or.jp
Fax : Tokyo 03-5802-8675