QoQ Change in Revised Quarterly Real GDP in 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, revised value) indicates the percentage increase or decrease in the total economic activity of Japan for a specific quarter compared to the previous quarter. This data, released quarterly by the Cabinet Office, reflects the final figures revised based on initial estimates.
Revised quarter-on-quarter values are crucial for accurately understanding 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 signals economic stagnation or contraction, potentially leading to reduced corporate profits and employment.
This data serves as vital reference material for policymakers to assess 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 essential 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 | ||