Japan Q1 GDP (preliminary):
GDP annualised: +2.1% (vs 1.7% exp, 1.3% prev)GDP quarter-on-quarter: +0.5% (vs 0.4% exp, 0.3% prev)Private consumption Q/Q: +0.3% (vs 0.2% exp, 0.3% prev)Capital expenditure Q/Q: +0.3% (vs 0.2% exp, 1.3% prev)External demand Q/Q: +0.3% (vs 0.2% exp, 0.0% prev)
The price index from the GDP results is running hot at 3.4% y/y
expected 3.1%, prior 3.4% also
I’ll have more to come on this separately.
This article was written by Eamonn Sheridan at investinglive.com.