Japan (final) Q4 2024 GDP +0.6% q/q (preliminary was +0.7%)

The flash reading for this is here:

• Japan Q4 GDP surges to +2.8% annualized (from +1.0% expected), deflator hits 2.8% – yen up

Japanese GDP Final for Q4:

• +0.6% q/q (prelim was +0.7%)
• +2.2% y/y (prelim was +2.8%)

The revised figures are slightly down on the flash readings but still indicator a decent performance for the Japanese economy.

The deflator, an indication of inflation, comes in at 2.9% y/y (prelim was +2.8%).

The Bank of Japan is widely expected to be on hold at its meeting next week.

This article was written by Eamonn Sheridan at www.forexlive.com.