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Japan Gross Domestic Product Deflator (YoY) up to 2% in 2Q from previous -0.1%

FXStreet.com (Barcelona)

Japan GDP: Worst contraction since Q1 2009

Japan GDP (seasonally adjusted) for Q2, final reading, confirmed that the economy contracted the most since Q1 2009, after registering a -1.8% qoq, in line with expectations, while the GDP annualized (seasonally adjusted) for Q2, came at -7.1% yoy,-below the -7.0% expected and -6.8% last. Meanwhile, the GDP nominal (seasonally adjusted) for Q2, qoq, came at -0.2% vs -0.1% exp and -0.1% last.
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Japan Trade Balance - BOP Basis declined to ¥-828.1B in July from previous ¥-537.1B

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