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MNI Japan Survey: Revised GDP for April-June Quarter

MNI (Singapore)
     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.
     Friday, Sept. 8, 0850 JST (2350 GMT Thursday): The Cabinet Office releases
revised (second preliminary) Q2 GDP.
Data                 Median  Preliminary
----------------------------------------
GDP Q/Q                 0.7          1.0
GDP Annualized          2.7          4.0
Consumption             0.9          0.9
Capex                   0.2          2.4
Public Investment       4.8          5.1
Private Inventories     0.1          0.0
Net Exports            -0.3         -0.3
                       GDP
----------------------------------------
                     % Q/Q  % Annualized
Median Forecast        0.7           2.7
High Forecast          0.8           3.2
Low Forecast           0.5           2.1
Preliminary            1.0           4.0
Standard Deviation     0.1           0.4
No. of Responses         8             8
MUFJ R & C             0.8           3.2
MUFG Morgan Stanley    0.8           3.1
BNP Paribas            0.7           2.9
DIR                    0.7           2.7
Mizuho Research        0.6           2.6
NLI                    0.6           2.4
Sumitomo Mitsui AM     0.5           2.4
SMBC Nikko             0.5           2.1
                     Consumption  Capex  Public Works
-----------------------------------------------------
                           % Q/Q  % Q/Q         % Q/Q
Median Forecast              0.9    0.2           4.8
High Forecast                0.9    1.6           5.3
Low Forecast                 0.9   -0.2           3.7
Preliminary                  0.9    2.4           5.1
Standard Deviation           0.0    0.6           0.5
No. of Responses               8      8             8
MUFJ R & C                   0.9    0.0           5.3
MUFG Morgan Stanley          0.9    1.6           4.3
BNP Paribas                  0.9    0.6           4.8
DIR                          0.9    0.2           4.7
Mizuho Research              0.9    0.0           5.3
NLI                          0.9    0.2           5.1
Sumitomo Mitsui AM           0.9    0.5           4.8
SMBC Nikko                   0.9   -0.2           3.7
                      Private Inventories           Net Exports
---------------------------------------------------------------
                     % Point Contribution  % Point Contribution
Median Forecast                       0.1                  -0.3
High Forecast                         0.2                  -0.3
Low Forecast                          0.0                  -0.3
Preliminary                           0.0                  -0.3
Standard Deviation                    0.1                   0.0
No. of Responses                        8                     8
MUFJ R & C                            0.1                  -0.3
MUFG Morgan Stanley                   0.0                  -0.3
BNP Paribas                           0.1                  -0.3
DIR                                   0.1                  -0.3
Mizuho Research                       0.1                  -0.3
NLI                                   0.0                  -0.3
Sumitomo Mitsui AM                    0.2                  -0.3
SMBC Nikko                            0.0                  -0.3
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: beijing@mni-news.com

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