QoQ Change in Preliminary Quarterly Real GDP in Japan
Japan| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The quarter-on-quarter real Gross Domestic Product (GDP, preliminary estimate) indicates the percentage increase or decrease in Japan's total economic activity for a specific quarter compared to the previous quarter. This data, released quarterly by the Cabinet Office, provides initial preliminary figures.
Preliminary estimates for quarter-on-quarter GDP are useful for quickly understanding how much the economy has grown or stagnated over a short period. An increase in GDP suggests economic expansion, potentially leading to increased corporate profits and employment. Conversely, a decrease in GDP indicates economic stagnation or contraction, which could result in reduced corporate profits and employment.
This data serves as crucial reference material for policymakers to evaluate the health of the economy and formulate appropriate monetary and fiscal policies. For example, if GDP shows strong growth, the central bank may consider raising interest rates to mitigate inflation risks. Conversely, if GDP is declining, there may be a need to strengthen economic stimulus measures. This information is also vital for businesses and investors to formulate economic outlooks.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
