Japan data – Final GDP for Q1 comes in at 0.6% q/q (preliminary was 0.5%)

News

The preliminary release can be found here:

Now for the final results:
  • 0.6% q/q (up from prelim)
  • 2.2% y/y (ditto … check out the link above for the flash data)
  • Nominal is 0.8%
  • Private consumption is -0.1% q/q
  • Business capex is 0.3% y/y (up from the preliminary figure)

As part of the GDP data is the ‘deflator’ – which is measure of inflation. Not good news for the BOJ ….

  • 0.1% y/y 

(BOJ inflation target is 2%)

ForexLive

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