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: