Japanese GDP review

Slowdown Confirmed in Japanese GDP Growth

August 13, 2012

Several aspects of Japan’s GDP release were disappointing. Nominal GDP was 0.1% smaller in the second quarter than in 1Q.  That’s a decline of 0.6% at an annualized rate. Deflation persists.  The GDP price deflator was 1.1% below its year-earlier level.  The personal consumption deflator dropped 0.7% on year. Real GDP growth slowed to 0.3% […] More