Japanese GDP SA Q2 F: 0.3% (expected 0.3%; previous 0.4%)

• Japanese GDP SA (QoQ) Q2 F: 0.3% (expected (exp) 0.3%; previous (prev) 0.4%).
• GDP Annualised SA (QoQ) Q2 F: 1.3% (1.3%; prev 1.8%).

Japanese Gross Domestic Product came in meeting expectations.

• Japanese GDP SA (QoQ) Q2 F: 0.3% (expected (exp) 0.3%; previous (prev) 0.4%)
• GDP Annualised SA (QoQ) Q2 F: 1.3% (1.3%; prev 1.8%)
• GDP Nominal SA (QoQ) Q2 F: 0.3% (exp 0.3%; prev 0.4%)
• GDP Private Consumption (QoQ) Q2 F: 0.6% (exp 0.6%; prev 0.6%)
• GDP Business Spending (QoQ) Q2 F: 0.2% (exp 0.7%; prev 1.5%)

About the Gross Domestic Product 

The Gross Domestic Product released by the Cabinet Office shows the monetary value of all the goods, services and structures produced in Japan within a given period of time. GDP is a gross measure of market activity because it indicates the pace at which the Japanese economy is growing or decreasing. A high reading or a better than expected number is seen as positive for the JPY, while a low reading is negative.