Japan Q2 GDP (final) -7.9% q/q

Forex

Final is out now:

  • GDP sa -7.9% q/q 
  • GDP annualised sa -28.1% q/q 
  • GDP nominal -7.6% q/q 
  • GDP deflator (an inflation indication) 1.3% 
  • Private consumption -7.9% q/q
  • Business spending -4.7% q/q 

Little change from the preliminary for GDP – Q2 saw economies around the globe crushed in the response to the virus pandemic. Japan no different. 

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