Japan GDP growth measures how much the economy expanded or shrank last quarter, the broadest read on Japanese economic health.
Actual
0.7%
Forecast
0.8%
Previous
-0.6%
Japan GDP Growth Rate for Q2 came in at 0.7% versus 0.8% expected (previous -0.6%), below forecast, which was negative for the JPY.
What it meant for the JPY
The actual landed below the 0.8% forecast (0.1 below expectations). A reading above forecast is generally bullish for the JPY, and below forecast bearish. On this release the read was negative for the JPY.
New to this release? See what Japan GDP Growth Rate measures, the next release and its full history.