Japan Gross Domestic Product Deflator (YoY) up to 2% in 2Q from previous -0.1%
Sep 8, 2014
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.