A disappointment on Japanese economic growth in the October - December quarter of 2022. The preliminary reading was +0.2%, but thats been revised to f
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.
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