Latest data released by METI - 22 August 2019
- Prior +0.3%; revised to +0.5%
Slight delay in the release by the source. The data is often referred to as the monthly GDP reading, it's a tracker production across all sectors of the Japanese economy and follows the GDP growth figures/trend.
This just reaffirms weaker overall economic activity in the Japanese economy towards the end of Q2 and will continue to pose a problem in the coming quarters, particularly with the proposed sales tax hike in October.
