Deeper Analysis
Japanese GDP in 4Q11 and 2011 Were Weaker than Assumed
February 12, 2012
Nominal GDP slumped 3.1% at a seasonally adjusted annualized pace (saar) between the third and fourth quarters, while real GDP fell 2.3% saar, a percentage point greater than predicted. However, third quarter real growth was revised upward to an advance of 7.0% saar from 5.6%. The swing between the two quarters was mainly caused by […] More