Deutsche Securities wins 2024 Forecast Accuracy Award for Japan from Consensus Economics
Deutsche Securities Inc. today announced that Kentaro Koyama, Chief Economist, has received the 2024 Forecast Accuracy Award in Japan category from Consensus Economics, the world’s leading economic survey organization.
The award recognizes Koyama as the most accurate forecaster of Japan’s real GDP growth and consumer price inflation for the year 2024, based on a rigorous 24-month forecasting cycle starting in January 2023 and ending in December 2024. Among hundreds of global economists, his predictions achieved the lowest average error rate.
Deutsche Securities Chief Economist for Japan, Kentaro Koyama said ”It’s an honor to be recognized by Consensus Economics once again. In a year marked by global volatility and significant domestic transitions in macroeconomic policies, we remained committed to delivering accurate, timely, and meaningful macroeconomic insights.”
Tamio Honma, Chief Country Officer of Deutsche Bank Group Japan, commented ”This award highlights the strength and consistency of our research. Kentaro’s achievement reflects our commitment to providing high-quality economic forecasting that helps clients navigate an increasingly challenging and uncertain global environment.”
Consensus Economics collects monthly forecasts from over 1,000 economists globally. The Forecast Accuracy Awards are based on Mean Absolute Error analysis, evaluating participants' monthly forecasts for real GDP growth and consumer price inflation across a 24-month period, using official outturns released in early 2025.
Deutsche Securities previously received the Forecast Accuracy Award for Japan in 2019.
Deutsche Securities Inc Chief Economist Kentaro Koyama Kentaro Koyama is a Chief Economist in Japan Economics team based in Tokyo. He joined Deutsche Securities in September 2013. Previously he was an economist at the Bank of Japan (Financial Markets Department, Institute for Monetary and Economic Studies), and then that he was engaged in business strategy and asset management consulting at an American consultancy. Kentaro graduated from Kyoto University Faculty of Engineering, has a Masters from University of Tokyo Graduate School of Economics, and carried out doctoral studies in economics at The University of North Carolina at Chapel Hill.
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Deutsche Securities Inc. today announced that Kentaro Koyama, Chief Economist, has received the 2024 Forecast Accuracy Award in Japan category from Consensus Economics, the world’s leading economic survey organization.
The award recognizes Koyama as the most accurate forecaster of Japan’s real GDP growth and consumer price inflation for the year 2024, based on a rigorous 24-month forecasting cycle starting in January 2023 and ending in December 2024. Among hundreds of global economists, his predictions achieved the lowest average error rate.
Deutsche Securities Chief Economist for Japan, Kentaro Koyama said ”It’s an honor to be recognized by Consensus Economics once again. In a year marked by global volatility and significant domestic transitions in macroeconomic policies, we remained committed to delivering accurate, timely, and meaningful macroeconomic insights.”
Tamio Honma, Chief Country Officer of Deutsche Bank Group Japan, commented ”This award highlights the strength and consistency of our research. Kentaro’s achievement reflects our commitment to providing high-quality economic forecasting that helps clients navigate an increasingly challenging and uncertain global environment.”
Consensus Economics collects monthly forecasts from over 1,000 economists globally. The Forecast Accuracy Awards are based on Mean Absolute Error analysis, evaluating participants' monthly forecasts for real GDP growth and consumer price inflation across a 24-month period, using official outturns released in early 2025.
Deutsche Securities previously received the Forecast Accuracy Award for Japan in 2019.
Kentaro Koyama is a Chief Economist in Japan Economics team based in Tokyo. He joined Deutsche Securities in September 2013. Previously he was an economist at the Bank of Japan (Financial Markets Department, Institute for Monetary and Economic Studies), and then that he was engaged in business strategy and asset management consulting at an American consultancy. Kentaro graduated from Kyoto University Faculty of Engineering, has a Masters from University of Tokyo Graduate School of Economics, and carried out doctoral studies in economics at The University of North Carolina at Chapel Hill.
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