Annualized QoQ Change in Revised Quarterly Real GDP in Japan

The quarter-on-quarter real Gross Domestic Product (GDP, annualized revision) represents the percentage increase or decrease in Japan's total economic activity for a specific quarter compared to the same quarter of the previous year, annualized. This data, released quarterly by the Cabinet Office, shows the final figures revised based on initial estimates.

Revised annualized values are essential for accurately assessing how the economy has grown or stagnated over a short period. An increase in GDP indicates economic expansion, suggesting potential increases in corporate profits and employment. Conversely, a decrease in GDP indicates economic stagnation or contraction, potentially leading to 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 instance, if GDP shows robust 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.