The advance reading for Japan's Q3 economic growth is here:
![Japan q3 gdp 08 December 2023](https://images.forexlive.com/images/Japan%20q3%20gdp%2008%20December%202023_id_557d741e-e85d-4fe7-8197-b815e20d6404_size900.jpg)
The deflator is a measure of inflation, it came in at 5.3%
- expected 5.1%, prior 5.1%
More:
- External demand contribution to GD was -0.1%
- Domestic consumption contribution was an awful -0.6%
Economic growth in Q3 was initially thought to have been down by 0.5% but the contraction was greater than that at -0.7%. Meanwhile, inflation is strong, the deflator showing it above 5%. Yesterday Ueda said there were tough times ahead. They are already here according to these numbers.