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

Preliminary GDP GDP Gross Domestic Product (GDP) is the monetary value of all the goods and services produced within a country's borders in a specific period of time, typically a year. It is used to measure the economic activity and growth of a country. Periods shorter than a year are often presented in an annualized or year-over-year format.There are three ways to calculate GDP:The expenditure approach: GDP is calculated by adding up all the spending on goods and services within a country. This includes consumer s Gross Domestic Product (GDP) is the monetary value of all the goods and services produced within a country's borders in a specific period of time, typically a year. It is used to measure the economic activity and growth of a country. Periods shorter than a year are often presented in an annualized or year-over-year format.There are three ways to calculate GDP:The expenditure approach: GDP is calculated by adding up all the spending on goods and services within a country. This includes consumer s Read this Term 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 quarters
• private 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 Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term)

more to come