Archive

August 17, 2023
JP.png

Japan CPI inflation 3.28% y-o-y (Consensus 2.5%) in Jul-23

- Japan's CPI inflation rate for July 2023 was 3.28% year-on-year, the lowest growth since May 2023, but significantly above the 2.5% Consensus expectation.
- The core CPI inflation rate, excluding volatile items, aligned with market expectations at 3.1% year-on-year in July 2023.

August 14, 2023
JP.png

Japan GDP growth 1.48% q-o-q (consensus 0.8%) in Q2-23

- Japan's GDP growth in Q2-23 was 1.48% q-o-q, the highest rate since Q4-20, indicating a robust recovery and surpassing both the one-year and long-run averages.
- However, consumption growth contracted by -0.52% q-o-q in the same period, suggesting ongoing weakness in consumer spending.

By country