Free Trial

MNI Japan Survey: Preliminary GDP for October-December

     TOKYO (MNI) - The following are the median forecasts for Japan's gross
domestic product for the October-December quarter of 2017 provided by economists
surveyed by MNI.
     Wednesday, Feb. 14, 0850 JST (2350 GMT Tuesday, Feb. 13): The Cabinet
Office releases preliminary Q4 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                 0.2       0.6
GDP Annualized          0.9       2.5
Consumption             0.4      -0.5
Capex                   1.1       1.1
Public Investment      -1.0      -2.4
Private Inventories    -0.1       0.4
Net Exports            -0.1       0.5
                            GDP
---------------------------------------------
                          % Q/Q  % Annualized
Median Forecast             0.2           0.9
High Forecast               0.3           1.0
Low Forecast               -0.0          -0.2
Previous                    0.6           2.5
Standard Deviation          0.1           0.4
No. of Responses             10            10
MUFJ Morgan Stanley         0.3           1.0
DIR                         0.3           1.0
Japan Research Institute    0.3           1.0
Mizuho Research             0.2           1.0
Sumitomo Mitsui AM          0.2           0.9
NLI                         0.2           0.8
Dai-ichi Life Research      0.2           0.8
Mitsubishi Research         0.1           0.4
MUFJ R & C                  0.0           0.0
SMBC Nikko                 -0.0          -0.2
                          Consumption  Capex  Public Works
----------------------------------------------------------
                                % Q/Q  % Q/Q         % Q/Q
Median Forecast                   0.4    1.1          -1.0
High Forecast                     0.7    1.9           0.3
Low Forecast                     -0.1    0.3          -3.9
Previous                         -0.5    1.1          -2.4
Standard Deviation                0.2    0.5           1.2
No. of Responses                   10     10            10
MUFJ Morgan Stanley               0.3    1.9          -1.6
DIR                               0.4    0.8          -2.5
Japan Research Institute          0.7    1.1           0.3
Mizuho Research                   0.5    0.3          -1.3
Sumitomo Mitsui AM                0.4    1.2          -3.9
NLI                               0.4    1.4          -0.6
Dai-ichi Life Research            0.4    1.2          -0.5
Mitsubishi Research               0.1    1.0          -1.3
MUFJ R & C                       -0.1    0.6          -0.7
SMBC Nikko                        0.2    0.3          -0.4
                           Private Inventories            Net Export
--------------------------------------------------------------------
                          % Point Contribution  % Point Contribution
Median Forecast                           -0.1                  -0.1
High Forecast                              0.1                   0.2
Low Forecast                              -0.1                  -0.2
Previous                                   0.4                   0.5
Standard Deviation                         0.1                   0.1
No. of Responses                            10                    10
MUFJ Morgan Stanley                       -0.1                  -0.1
DIR                                        0.0                   0.0
Japan Research Institute                  -0.1                  -0.2
Mizuho Research                            0.0                   0.0
Sumitomo Mitsui AM                        -0.1                   0.2
NLI                                       -0.1                  -0.1
Dai-ichi Life Research                    -0.1                  -0.1
Mitsubishi Research                        0.1                  -0.1
MUFJ R & C                                -0.1                   0.0
SMBC Nikko                                 0.0                  -0.1
--MNI Tokyo Bureau; tel: +81 90-4670-5309; email: max.sato@marketnews.com
[TOPICS: MTABLE,MAJDA$,MAJDS$,M$A$$$,M$J$$$]

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.