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Japan Q1 GDP +0.4% q/q (vs. expected +0.1%)

Japan Q1 GDP +0.4% q/q (vs. expected +0.1%)
Preliminary GDP data for Japan in January - March 2023. Big beat! annualised GDP +1.6% (expected +0.7%, prior +0.1%)real GDP +0.4% q/q (expected +0.1%, prior 0.0%) - this is the first gain in 3 quartersprivate consumption +0.6% q/q (poll: +0.4%)capex +0.9% q/q (poll: -0.4%)external demand contribution to GDP -0.3% (poll: -0.2 pct pt)exports -4.2% q/q, contribution to GDP in Q1 was -0.3%domestic demand contribution to GDP +0.7 %GDP deflator +2.0% y/y (this is an indicator of inflation)more to com... Read More
Posted: May 16 2023, 23:50
Author Name: forexlive
Views: 111412

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