Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.
The typical/expected impact on JPY pairs is high.
The consensus forecast for Gross Domestic Product (QoQ) is -0.2%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for Gross Domestic Product (QoQ) was -0.2% against a forecast of -0.1%.
Recent economic data has been moderately bullish for JPY. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Labor Cash Earnings (YoY) | (no change) | 2.3% | 2.3% | ||
Large Retailer Sales | Bullish change | 3% | 3.3% | ||
Retail Trade (YoY) | Bullish change | 3.1% | 3.3% | ||
Retail Trade s.a (MoM) | Bullish change | -1.2% | 0.5% | ||
Tokyo Consumer Price Index (YoY) | Bearish change | 3.5% | 3.4% | ||
Tokyo CPI ex Fresh Food (YoY) | Bullish change | 3.4% | 3.6% | ||
Unemployment Rate | (no change) | 2.5% | 2.5% |
Country: | Japan |
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Currency: | JPY |
Source: | Japanese Cabinet Office |
Category: | Economic Activity |
Frequency: | Quarterly |