Japan Q1 GDP Unrevised At -0.5% On Quarter

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Japan Q1 GDP Unrevised At -0.5% On Quarter

(RTTNews) - Japan's gross domestic product contracted a seasonally adjusted 0.5 percent on quarter in the first quarter of 2024, the Cabinet Office said on Monday - matching forecasts and unrevised from last month's advance estimate.

GDP was up 0.1 percent on quarter in the fourth quarter of 2023.

On an annualized basis, GDP was revised up to -1.8 percent from the estimate of -2.0 percent. GDP was up 0.2 percent on year in the three months prior.

Capital expenditure was revised up to -0.4 percent on quarter from -0.8 percent, while private consumption was unchanged at -0.7 percent on quarter.

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BoJ Minutes: Japan Economy Growing Above Trend

BoJ Minutes: Japan Economy Growing Above Trend

Members of the Bank of Japan's Monetary Policy Board noted that Japan's economy is growing consistently and is expected to continue expanding above trend, minutes from the central bank's October 30-31 meeting revealed on Tuesday.
RTTNews | il y a 8h 26min
BoJ Keeps Rate Unchanged For Third Straight Session

BoJ Keeps Rate Unchanged For Third Straight Session

The Bank of Japan left its key interest rates unchanged for the third straight session on Thursday as it awaits more information on spring wage negotiations amid higher uncertainty over the US government policies. At the policy board meeting, members voted 8-1 to maintain the uncollateralized overnight call rate to remain at around 0.25 percent. This was the highest since late 2008.
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Japan Core Machine Orders Climb 2.1% In October

Japan Core Machine Orders Climb 2.1% In October

The value of core machine orders in Jaan was up a seasonally adjusted 2.1 percent on month in October, the Cabinet Office said on Monday - coming in at 869.8 billion yen.
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