From our calendar:
That missing number, for the deflator, is +1.1% y/y. The deflator is a measure of inflation .
For 2022 as a whole real GDP was +1.1%, comparing poorly with +2.1% growth in 2021.
More:
- private consumption +0.5% q/q
- domestic demand constitution to GDP is -0.2%
- capex -0.5% q/q (first drop in 3 quarters, and weakest in 5 quarters)
- exports +1.4% q/q
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USD/JPY little moved. Today we get confirmation from Japan that Kazuo Ueda will be nominee for the next Bank of Japan Governor. Given Japan's governing coalition has a very comfortable majority in parliament his confirmation hearing are pretty much just a formality.