empty
 
 

14.11.201720:31:00UTC+00Japan GDP Expands 0.3% In Third Quarter

Japan's gross domestic product advanced a seasonally adjusted 0.3 percent on quarter in the third quarter of 2017, the Cabinet Office said in Wednesday's preliminary reading.

That was shy of expectations for a gain of 0.4 percent and down from 0.6 percent in the second quarter.

On an annualized basis, GDP gained 1.4 percent - again missing expectations for 1.5 percent and down from the upwardly revised 2.6 percent increase in the three months prior (originally 2.5 percent).

Nominal GDP gained 0.6 percent on quarter - in line with expectations and unchanged from the previous quarter.

The GDP deflator gained 0.1 percent on year, matching forecasts following the 0.4 percent decline in the second quarter.

Private consumption fell 0.5 percent on quarter, missing expectations for a decline of 0.4 percent following the 0.7 percent gain in the previous three months.

Business spending was up 0.2 percent on quarter, missing forecasts for a gain of 0.3 percent and down from 0.5 percent in the three months prior.

The Japanese economy has now expanded in seven straight quarters, the first such streak in more than three years.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback