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Japan preliminary Q2 GDP +1.5% q/q (vs. expected +0.8%)

Japan preliminary Q2 GDP +1.5% q/q (vs. expected +0.8%)
Huge beat for Japanese economic growth. Note the Deflator, it's a measure of inflation and its jumped to +3.4%, well above Q1 and what was expected, although I have seen higher estimates elsewhere. The +3.4% q/q is its highest since Q1 of way back in 1981.More:Domestic private consumption -0.5% in Q2, a very disappointing result and its first fall in 3 quartersexpected +0.1%, prior +0.5%External demand +1.8% q/qexpected +0.9%, prior -0.3%more to come This article was written by... Read More
Posted: Aug 14 2023, 23:50
Author Name: forexlive
Views: 092148

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