Japan Q2 GDP (final)
GDP (seasonally adjusted) for Q2, FINAL, -0.3q/q:
- expected -0.5%, prior 1.1% , the preliminary was -0.4%
GDP Annualized (seasonally adjusted) for Q2, final, -1.2%y/y:
- expected -1.8%, prior 4.5%, the preliminary was -1.6%
GDP Nominal (seasonally adjusted) for Q2, final +0.1% q/q:
- expected 0.0%, prior 2.2%, the preliminary was 0.0%
GDP Deflator y/y for Q2, final 1.5%:
- expected 1.6%, prior 3.5%, the preliminary was 1.6%
GDP Consumer Spending y/y for Q2, final -0.7% q/q,
- expected is -0.8%, prior was 0.3%, the preliminary was -0.8%
GDP Business Spending y/y for Q2, final -0.9% q/q:
- expected -0.9%, prior was 2.8%, the preliminary was -0.1%
-
I posted a few minutes ago on Recap - BOJ could be losing confidence on growth
Today's final GDP confirming the preliminary data picture of negative growth in the Japanese economy last quarter adds more fuel to the 'more action coming from the BOJ' fire
Sure, the data today is not as bad as the preliminary ... but it still ain't pretty.
