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HomeForex NewsJapan data: Q4 GDP (revised) 0.0% q/q (preliminary was +0.2%)

Japan data: Q4 GDP (revised) 0.0% q/q (preliminary was +0.2%)

A disappointment on Japanese economic growth in the October – December quarter of 2022.

The preliminary reading was +0.2%, but thats been revised to flat at 0% change on the quarter.

The ‘deflator’ you see in the numbers above is an indicator of inflation. Its well below the officially reported CPI numbers and well below the 2% Bank of Japan target. So, no economic growth and inflation below target. Its difficult to see the BOJ tightening policy under this set of circumstances.

www.forexlive.com

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