Revised economic growth data from Japan for the April to June quarter of 2025 comes in better than the flash reading for the data did.
GDP Annualized (QoQ): 2.2%
- Expected: 1.0% Previous: 1.0%
GDP (QoQ): 0.5%
- Expected: 0.3% Previous: 0.3%
GDP Private Consumption (QoQ): 0.4%
- Expected: 0.2% Previous: 0.2%
- private consumption accounts for more than half of the Japanese economy, this jump will be welcome
GDP External Demand (QoQ): 0.3%
- Expected: 0.3% Previous: 0.3%
GDP Capital Expenditure (QoQ): 0.6%
- Expected: 1.3% Previous: 1.3%
At the margin the better GDP data is a positive for the yen.
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Current Account n.s.a. (Jul): 2.684tln
- Expected: 3.366tln Previous: 1.348tln
Bank Lending (YoY) (Aug): 3.6%
- Expected: 3.2% Previous: 3.2%
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ps, Japan Nikkei futures rise 1.5% in early trade.
