Japan GDP revised lower in Q4 amid flat private spending; Capex strong
The softer GDP print was driven chiefly by Q4 private consumption being revised down to flat from an initial reading showing 0.1% q-o-q growth. The print also slowed sharply from the prior quarter’s growth of 0.7%. But growth in capital expenditures was revised up slightly to 0.6% q-o-q from 0.5% q-o-q. Export growth remained steady at 0.7% q-o-q.
Gross domestic product in the G20 area increased by 0.9 percent from October to December in the year 2024 on a quarterly basis, as stated by the Orga ...
The revised fourth-quarter GDP data is expected to show that capital expenditure, a barometer of private demand, slowed down to 0.3% growth from 0.5% expansion in the initial estimate. Still ...
Japan's economy grew 2.2% on an annualized basis in the fourth quarter, a slower pace than initially ... On a quarter-to-quarter basis, GDP expanded 0.6%, compared with a 0.7% growth in ...
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