Japan’s Final Q4 GDP
Written March 10, 2010 at 6:57 PM EST by Alex Chernomordin
Japan’s 4th quarter GDP reading came in worse than expected, however the market had a limited reaction as risk pairs have traded slightly lower very early in the Asian session. The details of the release are as follows:
GDP (QoQ) - Survey:1.0% Actual:0.9% Prior:1.1%
GDP Annualized - Survey:4.0% Actual:3.8% Prior:4.6%
Nominal GDP (QoQ) - Survey:0.2% Actual:0.1% Prior:0.2%
GDP Deflator (YoY) - Survey:-3.0% Actual:-2.8% Prior:-3.0%
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