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Japan’s Q3 GDP shrank 0.7%, current account surplus stood at ¥2,582.8B in October

December 8, 2023
in Business
Reading Time: 1 min read
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Japan’s Q3 GDP shrank 0.7%, current account surplus stood at ¥2,582.8B in October

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The Japanese economic system shrank 0.7% Q/Q in Q3 of 2023, in contrast with a flash determine of a 0.5% contraction and after a downwardly revised 0.9% progress in Q2.

The economic system contracted 2.9% on an annualized foundation in the course of the third quarter of 2023, in contrast with preliminary knowledge of a 2.1% fall and after a downwardly revised 3.6% progress in Q2.

Japan’s present account surplus stood at JPY 2,582.8 billion in October 2023, remaining optimistic for the ninth consecutive month and exceeding forecasts of JPY 1,901.2 billion.

ETFs: (JEQ), (EWJ), (DXJ), (FXY).

Forex: (USD:JPY)

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Tags: 2582.8BaccountCurrentGDPJapansOctobershrankstoodsurplus
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