Japanese GDP Private Consumption QoQ Prel (Q1) Q/Q 0.3% vs. Exp. 0.2% (Prev. 0.3%, Low. 0.0%, High. 0.4%)
Newsquawk Staff ·
Japanese GDP Private Consumption QoQ Prel (Q1) Q/Q 0.3% vs. Exp. 0.2% (Prev. 0.3%, Low. 0.0%, High. 0.4%)
What it means
Japan's Q1 private consumption data came in at 0.3%, surpassing expectations of 0.2%. This confirms the previous quarter's growth, potentially indicating resilience in consumer spending, which is critical for overall GDP momentum and may support the outlook for inflation and monetary policy going forward.
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