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MNI BRIEF: Japan's Q4 GDP To Rise 0.5% Q/Q; Annualized 1.9%

(MNI) Tokyo
(MNI) TOKYO

Japan's economy is expected to have expanded for the first time in two quarters over the October-December period on solid private consumption and net exports, although capital investment slowed, eight economists predicted.

Economists are looking for preliminary Q4 GDP to be higher by 0.5% quarter-on-quarter, or an annualized 1.9%, following a decline of 0.2% q/q, or an annualized -0.8%, in the third quarter of 2022.

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Japan's economy is expected to have expanded for the first time in two quarters over the October-December period on solid private consumption and net exports, although capital investment slowed, eight economists predicted.

Economists are looking for preliminary Q4 GDP to be higher by 0.5% quarter-on-quarter, or an annualized 1.9%, following a decline of 0.2% q/q, or an annualized -0.8%, in the third quarter of 2022.

Keep reading...Show less