Japanese GDP for the April to June quarter of 2024 is better than the contraction in Q1.
+0.8% q/q
- expected 0.5%, prior -0.6%
QQ Annualised is +3.1%
- expected +2.1%, prior -2.3%
Private consumption q/q +1.0% … up for the first time in 5 quarters
- expected +0.5%, prior -0.6%
External demand q/q -0.1%
- expected -0.1%, prior -0.5%
Capital Expenditure q/q +0.9% … higher for the first time in two quarters
- expected +0.9%, prior -0.4%
This article was written by Eamonn Sheridan at www.forexlive.com.
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