Japan GDP preliminary for Q1 2022

GDP sa -0.2% q/q

• expected -0.4%, prior +1.1%

GDP annualised sa -1.0% y/y

• expected -1.8%, prior +4.6%

GDP deflator (an inflation indication) -0.4% y/y

• expected -1.2%, prior -1.3%

Private consumption 0.0% q/q

• expected -0.5% q/q, prior 2.4%

Business spending 0.5% q/q

• expected 0.7%, prior 0.3%

External demand -0.4% q/q

expected -0.3%, prior 0.2%

more to come