The final reading has been substantially revised to show Japan was not in recession:
Q4 2023 GDP now +0.1% q/q
- preliminary was -0.4%, prior -0.7%
Annualised 0.4% (prelim -0.4%)
Private consumption revised to -0.3% (prelim was -0.2%), down for the third straight quarter.
Capex +2.0% q/q (prelim -0.1%)
JGB Yield is rising after the data, and this earlier, as is yen (small only)
---
The preliminary reading for GDP in Japan showed the country had dropped into another recession:
