Japan GDP Growth Rate QoQ Prel

Info

History

Chart

Impact:

High

Source: Cabinet Office, Japan

Latest Release:

Date:

Surprise:

-0.1%

JPY

Actual:

-0.2%

Forecast: -0.1%

Previous/Revision:

0.6%

Period: Q1

Next Release:

Date:

Period: Q2

What Does It Measure?

The Japan GDP Growth Rate QoQ Prel measures the quarterly change in the gross domestic product (GDP) of Japan, explicitly assessing the economic growth performance over a three-month period. It is a crucial indicator of economic activity, focusing on key areas such as production, consumption, and investment, with a critical threshold of sustenance or growth typically set at a growth rate above 0%.

Frequency

This preliminary GDP growth report is released quarterly, with the estimates made available around 30 days after the end of the quarter.

Why Do Traders Care?

Traders pay close attention to the Japan GDP Growth Rate as it directly influences economic forecasts and monetary policy considerations, impacting financial markets significantly. A stronger-than-expected growth rate typically boosts the Japanese yen (JPY) and equities, while disappointing figures can lead to bearish movements in both currencies and stock markets.

What Is It Derived From?

The Japan GDP Growth Rate is derived from a comprehensive assessment of various economic activities, with inputs collected from sectors including manufacturing, services, and agriculture. The calculation involves aggregating data on production, consumer spending, government expenditures, and net exports, and utilizes methodology aligning with international standards.

Description

Preliminary reports present early estimates of economic performance based on available data, which may be subject to revisions in subsequent releases. The final report, released later, reflects a more accurate calculation as additional data becomes available and may affect market sentiment as traders reassess their positions based on more reliable information.

Additional Notes

This indicator serves as a coincident economic measure, providing insights into current economic performance as it aligns closely with other economic indicators such as unemployment rates and inflation measures. The GDP Growth Rate is also widely analyzed in conjunction with quarterly performance metrics across other major economies, informing global economic outlooks and market strategies.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for JPY, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
May 15, 2025	-0.2%	-0.1%	0.6%	-0.1%
Feb 16, 2025	0.7%	0.3%	0.4%	0.4%
Nov 14, 2024	0.2%	0.2%	0.5%
Aug 14, 2024	0.8%	0.5%	-0.6%	0.3%
May 15, 2024	-0.5%	-0.4%	0%	-0.1%
Feb 14, 2024	-0.1%	0.3%	-0.8%	-0.4%
Nov 14, 2023	-0.5%	-0.1%	1.1%	-0.4%
Aug 14, 2023	1.5%	0.8%	0.9%	0.7%
May 16, 2023	0.4%	0.1%	0%	0.3%
Feb 13, 2023	0.2%	0.5%	-0.3%	-0.3%
Nov 14, 2022	-0.3%	0.3%	1.1%	-0.6%
Aug 14, 2022	0.5%	0.6%	0%	-0.1%
May 17, 2022	-0.2%	-0.4%	0.9%	0.2%
Feb 14, 2022	1.3%	1.4%	-0.7%	-0.1%
Nov 14, 2021	-0.8%	-0.2%	0.4%	-0.6%
Aug 15, 2021	0.3%	0.2%	-0.9%	0.1%
May 17, 2021	-1.3%	-1.2%	2.8%	-0.1%
Feb 14, 2021	3%	2.3%	5.3%	0.7%
Nov 15, 2020	5%	4.4%	-8.2%	0.6%
Aug 16, 2020	-7.8%	-7.6%	-0.6%	-0.2%
May 17, 2020	-0.9%	-1.2%	-1.9%	0.3%
Feb 16, 2020	-1.6%	-0.9%	0.1%	-0.7%
Nov 13, 2019	0.1%	0.2%	0.4%	-0.1%
Aug 08, 2019	0.4%	0.1%	0.7%	0.3%
May 19, 2019	0.5%	-0.1%	0.4%	0.6%
Feb 13, 2019	0.3%	0.4%	-0.7%	-0.1%
Nov 13, 2018	-0.3%	-0.3%	0.8%
Aug 09, 2018	0.5%	0.3%	-0.2%	0.2%
May 15, 2018	-0.2%	0.2%	0.1%	-0.4%
Feb 13, 2018	0.1%	0.2%	0.6%	-0.1%
Nov 14, 2017	0.3%	0.4%	0.6%	-0.1%
Aug 13, 2017	1%	0.6%	0.3%	0.4%
May 17, 2017	0.5%	0.4%	0.3%	0.1%
Feb 12, 2017	0.2%	0.3%	0.4%	-0.1%
Nov 13, 2016	0.5%	0.2%	0.2%	0.3%
Aug 14, 2016	0%	0.2%	0.5%	-0.2%
May 17, 2016	0.4%	0.1%	-0.4%	0.3%
Feb 14, 2016	-0.4%	-0.3%	0.3%	-0.1%
Nov 15, 2015	-0.2%	-0.1%	-0.2%	-0.1%
Aug 17, 2015	-0.4%	-0.5%	1.1%	0.1%
May 20, 2015	0.6%	0.4%	0.3%	0.2%