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MNI DATA SURVEY: Japan Revised GDP for January-March Quarter

MNI (London)
     TOKYO (MNI) - The following are the median forecasts for Japan's revised
gross domestic product for the January-March quarter provided by economists
surveyed by MNI.
     Monday, June 10, 0850JST (2350GMT Sunday, June 9): The Cabinet Office
releases revised (second preliminary) Q1 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                 0.5       0.5
GDP Annualized          1.8       2.1
Consumption             0.6      -0.1
Capex                   3.0      -0.3
Public Investment      -1.5       1.5
Private Inventories    -0.1       0.1
Net Exports            -0.3       0.4
                                      GDP
-----------------------------------------
                        %Q/Q  %Annualized
Median Forecast          0.6          2.2
High Forecast            0.7          2.7
Low Forecast             0.5          1.9
Previous                 0.5          2.1
Standard Deviation       0.1          0.3
No. of Responses           6            6
Sumitomo Mitsui DS AM    0.7          2.7
BNP Paribas              0.6          2.4
NLI Research Institute   0.6          2.3
Mitsubishi UFJ R & C     0.5          2.1
SMBC Nikko               0.5          2.1
Mizuho Research          0.5          1.9
                        Consumption  Capex  Public Works
--------------------------------------------------------
                               %Q/Q   %Q/Q         % Q/Q
Median Forecast                -0.1    0.5           1.1
High Forecast                   0.0    0.9           1.2
Low Forecast                   -0.1    0.1           0.9
Previous                       -0.1   -0.3           1.5
Standard Deviation              0.0    0.3           0.1
No. of Responses                  5      6             6
Sumitomo Mitsui DS AM           n/a    0.9           1.2
BNP Paribas                    -0.1    0.7           1.2
NLI Research Institute         -0.1    0.1           1.1
Mitsubishi UFJ R & C           -0.1    0.5           0.9
SMBC Nikko                     -0.1    0.2           1.1
Mizuho Research                 0.0    0.5           1.0
                         Private Inventories           Net Exports
--------------------------------------------------------------------
                        % Point Contribution  % Point Contribution
Median Forecast                          0.1                   0.4
High Forecast                            0.1                   0.4
Low Forecast                            -0.1                   0.4
Previous                                 0.1                   0.4
Standard Deviation                       0.1                   0.0
No. of Responses                           6                     5
Sumitomo Mitsui DS AM                    0.1                   n/a
BNP Paribas                              0.0                   0.4
NLI Research Institute                   0.1                   0.4
Mitsubishi UFJ R & C                     0.0                   0.4
SMBC Nikko                               0.1                   0.4
Mizuho Research                         -0.1                   0.4
--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$$$,M$J$$$,MI$$$$]
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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