Japan GDP Gains 0.7% In Q2
(RTTNews) - Japan's gross domestic product expanded a seasonally adjusted 0.7 percent on quarter in the second quarter of 2024, the Cabinet Office said on Monday.
That was shy of expectations for an increase of 0.8 percent, which would have been unchanged from the previous three months.
On an annualized basis, GDP rose 2.9 percent - again missing forecasts for 3.1 percent, which again would have been unchanged.
The GDP price index was up 3.2 percent on year, topping forecasts for 3.0 percent, which would have been unchanged.
External demand was down 0.1 percent on quarter, unchanged and as expected.
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Japan Inflation Slows To 2.5% On Year In September
Overall nationwide consumer prices in Japan were up 2.5 percent on year in September, the Ministry of Internal Affairs and Communications said on Friday.
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Japan Has Y294.3 Billion Trade Shortfall
Japan posted a merchandise trade deficit of 294.3 billion yen in September, the Ministry of Finance said on Thursday.
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Japan Core Machine Orders Slump 1.9% In August
The value of core machine orders in Japan was down a seasonally adjusted 1.9 percent on month in August, the Cabinet Office said on Wednesday - coming in at 858.1 billion yen.
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Japan M2 Money Stock Climbs 1.3% On Year In September
The M2 money stock in Japan was up 1.3 percent on year in September, the Bank of Japan said on Friday - coming in at 1,252.0 trillion yen.
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Japan Overall Bank Lending Climbs 2.7% On Year In September
The value of overall bank lending in Japan was up 2.7 percent on year in September, the Bank of Japan said on Thursday - coming in at 624.24 trillion yen.
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Japan Producer Prices Flat In September
Producer prices in Japan were unchanged in September, the Bank of Japan said on Thursday - versus expectations for a decline of 0.3 percent following the 0.2 percent drop in August.
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Japan Household Spending Sinks 1.9% On Year In August
The average of household spending was down 1.9 percent on year in August, the Ministry of Economy, Trade and Industry said on Tuesday - coming in at 297,487 yen.
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Japan August Current Account Surplus Y3.804 Trillion
Japan posted a current account surplus of 3.804 trillion yen in August, the Ministry of Finance said on Tuesday.
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