Fourth quarter 2018 Japanese economic growth, preliminary data:

GDP (seasonally adjusted) 0.3% q/q

  • expected 0.4%, prior -0.7%, revised from -0.6%

GDP Annualized (seasonally adjusted) 1.4% y/y

  • expected 1.4%, prior -2.6%, revised from -2.5%

GDP Nominal (seasonally adjusted) 0.3% q/q

  • expected 0.4%, prior -0.6%, revised from -0.7%

GDP Deflator -0.3%% y/y

  • expected -0.4%, prior -0.4%, revised from -0.3% (deflator is an inflation measure)

GDP Consumer Spending (private Consumption) 0.6% q/q

  • expected 0.7%, prior -0.2%

GDP Business Spending 2.4% q/q

  • expected +1.8%, prior -2.7%, revised from -2.8%

A below expected result and nevertheless a bounce from the previous quarter's decline. Yen is barely changed on the release.

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For background: