Japan (final) Q4 2024 GDP +0.6% q/q (preliminary was +0.7%) ...Middle East

Japan Q4 GDP surges to +2.8% annualized (from +1.0% expected), deflator hits 2.8% - yen up

Japanese GDP Final for Q4:

+0.6% q/q (prelim was +0.7%)+2.2% y/y (prelim was +2.8%)

The deflator, an indication of inflation, comes in at 2.9% y/y (prelim was +2.8%).

The Bank of Japan is widely expected to be on hold at its meeting next week.

This article was written by Eamonn Sheridan at www.forexlive.com.

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