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Japan GDP -- up from last quarter but just even with a year ago [ClearOnMoney]
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Japan GDP -- up from last quarter but just even with a year ago

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Commentary

Japan GDP -- up from last quarter but just even with a year ago

16 May 2013 by Jim Fickett.

Today the Cabinet Office in Japan released its first estimate for real GDP in Q1. The one-quarter change was better than expected, causing some to celebrate the positive effects of Abenomics. However the quarterly changes are very noisy, and it would be surprising to see the new policies having any large effect so soon. The year-over-year change is a better indicator of the trend, and this shows no detectable growth at all.

(See the Reference page Japan GDP for background, sources, and past commentary.)