Japan JPY

Japan GDP Growth Rate QoQ Final

Info

History

Chart

Impact:

Medium

Source: Cabinet Office, Japan

Latest Release:

Date:

Surprise:

-0.1%

JPY

Actual:

0.6%

Forecast: 0.7%

Previous/Revision:

0.4%

Period: Q4

Next Release:

Date:

Forecast: -0.2%

Period: Q1

What Does It Measure?

The Japan GDP Growth Rate QoQ Final measures the percentage change in the Gross Domestic Product of Japan from one quarter to the next, reflecting the overall economic performance within that period. This indicator primarily focuses on economic growth as assessed through consumer spending, business investments, government spending, and net exports, indicating whether the economy is expanding or contracting, with a growth rate above zero signifying expansion and any growth rate below indicating contraction.

Frequency

The Japan GDP Growth Rate is released quarterly and consists of final figures, which offer a more accurate representation of economic activity based on comprehensive data collection, typically published around the end of the second month following the quarter's conclusion.

Why Do Traders Care?

Traders pay close attention to the Japan GDP Growth Rate because it provides crucial insights into the health of the Japanese economy, influencing market sentiment and financial assets. A higher-than-expected GDP growth rate can strengthen the yen against other currencies and boost the stock market, while disappointing figures may lead to a bearish reaction in both currency and equity markets.

What Is It Derived From?

This indicator is derived from a comprehensive assessment of national economic activity, calculated using data collected from various sectors including consumer spending, industrial production, and investment metrics across businesses. This process involves aggregating data and applying adjustments for seasonality, with methodologies guided by international standards for economic reporting.

Description

The final report on Japan’s GDP Growth Rate represents a conclusive measure of economic performance, contrasting with preliminary reports that rely on early data estimates. Final figures provide a more thorough overview of the economy, allowing for a clearer understanding of growth trends, which traders interpret as reflecting the underlying economic conditions.

Additional Notes

As a coincident economic measure, the GDP growth rate serves as an essential barometer of Japan's economic health, correlating closely with global economic trends. Its release can influence perceptions about Japan's monetary policy, investment climate, and overall economic stability compared to similar indicators from other nations.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for JPY, Bullish for Stocks. Lower than expected: Bearish for JPY, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Mar 10, 2025	0.6%	0.7%	0.4%	-0.1%
Dec 08, 2024	0.3%	0.2%	0.5%	0.1%
Sep 08, 2024	0.7%	0.8%	-0.6%	-0.1%
Jun 09, 2024	-0.5%	-0.5%	0.1%
Mar 10, 2024	0.1%	0.3%	-0.8%	-0.2%
Dec 07, 2023	-0.7%	-0.5%	0.9%	-0.2%
Sep 07, 2023	1.2%	1.3%	0.8%	-0.1%
Jun 07, 2023	0.7%	0.5%	0.1%	0.2%
Mar 08, 2023	0%	0.2%	-0.3%	-0.2%
Dec 07, 2022	-0.2%	-0.3%	1.1%	0.1%
Sep 07, 2022	0.9%	0.7%	0.1%	0.2%
Jun 07, 2022	-0.1%	-0.3%	1%	0.2%
Mar 08, 2022	1.1%	1.4%	-0.7%	-0.3%
Dec 07, 2021	-0.9%	-0.8%	0.5%	-0.1%
Sep 07, 2021	0.5%	0.4%	-1.1%	0.1%
Jun 07, 2021	-1%	-1.2%	2.8%	0.2%
Mar 08, 2021	2.8%	3%	5.3%	-0.2%
Dec 07, 2020	5.3%	5%	-8.3%	0.3%
Sep 07, 2020	-7.9%	-8.1%	-0.6%	0.2%
Aug 02, 2020	-0.6%	-0.6%	-1.9%
Jun 07, 2020	-0.6%	-0.5%	-1.9%	-0.1%
Mar 08, 2020	-1.8%	-1.7%	0%	-0.1%
Dec 08, 2019	0.4%	0.2%	0.5%	0.2%
Jun 09, 2019	0.6%	0.5%	0.5%	0.1%
Mar 07, 2019	0.5%	0.4%	-0.6%	0.1%
Dec 09, 2018	-0.6%	-0.5%	0.7%	-0.1%
Sep 09, 2018	0.7%	0.7%	-0.2%
Jun 07, 2018	-0.2%	-0.1%	0.3%	-0.1%
Mar 07, 2018	0.4%	0.2%	0.6%	0.2%
Dec 07, 2017	0.6%	0.4%	0.7%	0.2%
Sep 07, 2017	0.6%	1%	0.3%	-0.4%
Jun 07, 2017	0.3%	0.6%	0.3%	-0.3%
Mar 07, 2017	0.3%	0.4%	0.3%	-0.1%
Dec 07, 2016	0.3%	0.6%	0.5%	-0.3%
Sep 07, 2016	0.2%	0%	0.5%	0.2%
Jun 07, 2016	0.5%	0.5%	-0.4%
Mar 07, 2016	-0.3%	-0.4%	0.3%	0.1%
Dec 07, 2015	0.3%	0%	-0.1%	0.3%
Sep 08, 2015	-0.3%	-0.4%	1%	0.1%
Jun 08, 2015	1%	0.7%	0.3%	0.3%