© 1982-2022 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
EUROZONE

Timeline of key events (Times BST)

EURGBP TECHS

Bullish Focus

GBPUSD TECHS

Attention Is On The Bear Trigger

SNAPSHOT

Strong Bounce In Non-M'fing PMI Out Of China

US TSYS

Marginally Cheaper Ahead Of London Hours

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Topics

MNI BRIEF: Japan's Q1 GDP Posts First Contraction In Two Qtrs

(MNI) Tokyo
TOKYO (MNI)
DataPolicyAPACBank of Japan (BOJ) Market NewsJapanData BriefData StoriesBriefStoryRegion

Japan's economy posted the first contraction in two quarters for the January-March period in the wake of weak private consumption and net exports, preliminary GDP data released by the Cabinet Office on Wednesday showed.

First quarter GDP fell 0.2% q/q, or an annualised -1.0% following a revised +0.9% q/q, or an annualized revised +3.8% for the fourth quarter of 2021. The Q1 contraction was better than the MNI median forecast that pointed to a fall of 0.4% q/q, or an annualised -1.8%.

81 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Japan's economy posted the first contraction in two quarters for the January-March period in the wake of weak private consumption and net exports, preliminary GDP data released by the Cabinet Office on Wednesday showed.

First quarter GDP fell 0.2% q/q, or an annualised -1.0% following a revised +0.9% q/q, or an annualized revised +3.8% for the fourth quarter of 2021. The Q1 contraction was better than the MNI median forecast that pointed to a fall of 0.4% q/q, or an annualised -1.8%.