Japan GDP final for Q1 2021 -1.0% q/q (prior +2.8%)

Author: Eamonn Sheridan | Category: News

For the flash estimate and Q4 2020 figures: Japan Q1 GDP (preliminary) -1.3% q/q (SA) (vs. -1.1% expected)

Finals:
  • GDP sa -1.0% q/q - if you check out the prelim numbers you'll see this revised figure is not as bad. 

  • GDP annualised sa -3.9% q/q 

  • GDP nominal -1.3% q/q 

  • GDP deflator (an inflation indication) % y/y 

  • Private consumption -1.5% q/q 

  • Business spending -1.2% q/q   

Some background if you find useful:
  • state of emergency curbs to combat the coronavirus pandemic are sapping GDP growth, weighing on consumption. 
  • Export growth is robust, which is a positive
  • rising energy and commodities prices could worsen terms of trade (Japan is heavily reliant on raw material imports)
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose