empty
 
 

2020.08.1700:13:00UTC+00Japan GDP Plunges 27.8% On Year In Q2

Japan's gross domestic product plummeted an annualized 27.8 percent on year in the second quarter of 2020, the Cabinet Office said on Monday's preliminary report.

That missed expectations for a decline of 27.2 percent following the 2.2 percent drop in the previous three months.

On a seasonally adjusted quarterly basis, GDP sank 7.8 percent - again missing forecasts for a fall of 7.6 percent following the 0.6 percent slide in the three months prior.

Capital expenditure was down 1.5 percent on quarter, which beat expectations for a fall of 4.2 percent following the 1.7 percent increase in Q1.

  • 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 $9000 more!
    In May we raffle $9000 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