While the fourth quarter gross domestic product (GDP) data released earlier today showed modest economic recovery, the external demand slowdown warrants attention, Japan's economic minister Motegi has reportedly said.
The revised data from the Cabinet Office released 30 minutes ago showed the economy expanded at an annualized rate of 1.9 percent in October-December, more than the initial estimate of a 1.4 percent expansion.
On a quarter-on-quarter basis, GDP grew 0.5 percent, versus the preliminary estimate of 0.3 percent growth and economists’ median estimate of a 0.4 percent expansion, according to Reuters.
- Economy's steady recovery has been confirmed
- watching overseas economic risks including the outlook for China
- Will refrain from commenting on Trump's comments
- Has spoken to Lighthizer about Japanese factories in the US
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.