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9 Mar 2023
Japanese GDP Q4: 0.1% (exp 0.8%; prev 0.6%), USD/JPY stable
Japan's Gross Domestic Product has been released by the Cabinet Office as follows:
- Japanese GDP Annualised SA (Q/Q) Q4 F: 0.1% (exp 0.8%; prev 0.6%)
More to come...
About Japan's Gross Domestic Product
The Gross Domestic Product released by the Cabinet Office shows the monetary value of all the goods, services and structures produced in Japan within a given period of time. GDP is a gross measure of market activity because it indicates the pace at which the Japanese economy is growing or decreasing. A high reading or a better than expected number is seen as positive for the JPY, while a low reading is negative.