Japan GDP, final for Q3: 0.4% q/q

Third quarter economic growth in Japan, this the final (link to the preliminary is below)

  • GDP sa q/q  0.4%, ahead of the preliminary result.
  • GDP annualised sa 1.8%
  • GDP nominal q/q 0.6%
  • GDP deflator (an inflation indication)
  • Private consumption 0.5% q/q
  • Business spending 1.8% q/q
For the preliminary readings and those for Q2, here is the report:
  • Japan GDP (preliminary) for Q3 0.1% q/q (vs. expected 0.2%)
The growth figures are well ahead of the preliminary release. A relatively string report. Some of the strength in consumer activity will be ‘front loading’ ahead of the sales tax hike that came on October 1 I guess (although this did not show up to much extent in other data).