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MNI DATA SURVEY: Japan Revised GDP for April-June

MNI (London)
     TOKYO (MNI) - The following are the median forecasts for Japan's revised
gross domestic product for the April-June quarter provided by economists
surveyed by MNI.
     Monday, September 9, 0850 JST (2350 GMT Sunday, September 8): The Cabinet
Office releases revised (second preliminary) Q2 GDP. The median forecasts are in
quarter-on-quarter percentage changes, except for the contributions of private
inventories and net exports, which are in percentage points.
Data                 Median  Previous
-------------------------------------
GDP q/q                 0.3       0.4
GDP Annualized          1.3       1.8
Consumption             0.6       0.6
Capex                   0.8       1.5
Public Investment       1.8       1.0
Private Inventories    -0.2      -0.1
Net Exports            -0.3      -0.3
                                  GDP
-------------------------------------
                    %Q/Q  %Annualized
Median Forecast      0.3          1.3
High Forecast        0.5          1.9
Low Forecast         0.1          0.4
Previous             0.4          1.8
Standard Deviation   0.1          0.5
No. of Responses       6            6
Mitsubishi Morgan Stanley  0.5  1.9
-----------------------------------
SMBC Nikko                 0.4  1.7
BNP Paribas                0.3  1.3
Mizuho Research            0.3  1.2
NLI                        0.2  0.9
Sumitomo Mitsui DS AM      0.1  0.4
                    Consumption  Capex  Public Works
----------------------------------------------------
                           %Q/Q   %Q/Q         % Q/Q
Median Forecast             0.6    0.8           1.8
High Forecast               0.6    2.0           2.4
Low Forecast                0.5    0.1           1.3
Previous                    0.6    1.5           1.0
Standard Deviation          0.0    0.6           0.4
No. of Responses              5      6             6
Mitsubishi Morgan Stanley  0.6  2.0  1.3
----------------------------------------
SMBC Nikko                 0.6  1.1  2.1
BNP Paribas                0.6  0.7  1.6
Mizuho Research            0.6  0.8  1.9
NLI                        0.5  0.7  1.5
Sumitomo Mitsui DS AM      n/a  0.1  2.4
                     Private Inventories           Net Exports
----------------------------------------------------------------
                    % Point Contribution  % Point Contribution
Median Forecast                     -0.2                  -0.3
High Forecast                       -0.1                  -0.3
Low Forecast                        -0.2                  -0.3
Previous                            -0.1                  -0.3
Standard Deviation                   0.1                   0.0
No. of Responses                       6                     5
Mitsubishi Morgan Stanley  -0.2  -0.3
-------------------------------------
SMBC Nikko                 -0.1  -0.3
BNP Paribas                -0.1  -0.3
Mizuho Research            -0.2  -0.3
NLI                        -0.2  -0.3
Sumitomo Mitsui DS AM      -0.2   n/a
--MNI Tokyo Bureau; tel: +81 90-2175-0040; email: hiroshi.inoue@marketnews.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: M$A$$$,M$J$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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