Market news
14.11.2018, 06:27

Japan's GDP declined 0.3% in Q3

Japan's gross domestic product slipped a seasonally adjusted 0.3 percent on quarter in the third quarter of 2018, according to rttnews.

That was in line with expectations following the 0.7 percent gain in the previous three months.

On an annualized seasonally adjusted basis, GDP tumbled 1.2 percent on year - missing forecasts for a fall of 1.0 percent following the 3.0 percent jump in the three months prior.

Nominal GDP fell 0.3 percent on quarter, matching forecasts following the 0.7 percent increase in Q2.

The GDP deflator fell 0.3 percent on year, missing forecasts for a drop of 0.1 percent following the flat reading in the previous three months.


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