Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The typical/expected impact on JPY pairs is high.
The consensus forecast for Gross Domestic Product (QoQ) is 0.3%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for Gross Domestic Product (QoQ) was 0.3% against a forecast of 0.1%.
Recent economic data has been moderately bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Labor Cash Earnings (YoY) | Bullish change | 3.1% | 4.1% | ||
Large Retailer Sales | Bullish change | 1% | 2% | ||
Retail Trade (YoY) | Bearish change | 1.9% | 0.3% | ||
Retail Trade s.a (MoM) | Bearish change | 0.9% | -1.6% | ||
Tokyo Consumer Price Index (YoY) | Bearish change | 2.9% | 2.6% | ||
Tokyo CPI ex Food, Energy (YoY) | Bearish change | 3.1% | 3% | ||
Tokyo CPI ex Fresh Food (YoY) | Bearish change | 2.9% | 2.5% | ||
Unemployment Rate | Bullish change | 2.5% | 2.3% |
Country: | Japan |
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Currency: | JPY |
Source: | Japanese Cabinet Office |
Category: | Economic Activity |
Frequency: | Quarterly |