Gross Domestic Product Deflator (YoY)

The GDP Deflator released by the Cabinet Office measures the change in prices of final goods and services. It is considered as a key indicator for inflationary pressures, that provides insight into the future direction of monetary policy. A high reading or a better than expected number is seen as positive (or bullish) for the JPY, while a low reading is seen negative (or bearish).

Most recent - Sunday 8 September 2024 23:50

Previous
3%
Revised
-
Forecast
3%
Actual
3.2%

Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.

Trading range

Forecast history

The most recent announced value for Gross Domestic Product Deflator (YoY) was 3.2% against a forecast of 3%.

Past events

Date
Forecast
Actual
Sunday 8 September 2024 23:50
3%
3.2%
Wednesday 14 August 2024 23:50
2.6%
3%
Sunday 9 June 2024 23:50
3.7%
3.4%
Wednesday 15 May 2024 23:50
3.3%
3.6%
Sunday 10 March 2024 23:50
-
3.9%
Wednesday 14 February 2024 23:50
-
3.8%
Thursday 7 December 2023 23:50
-
5.3%
Tuesday 14 November 2023 23:50
-
5.1%
Thursday 7 September 2023 23:50
-
3.5%
Monday 14 August 2023 23:50
2%
3.4%
Wednesday 7 June 2023 23:50
2%
2%
Tuesday 16 May 2023 23:50
1.2%
2%
Wednesday 8 March 2023 23:50
1.1%
1.2%
Monday 13 February 2023 23:50
-0.3%
1.1%
Wednesday 7 December 2022 23:50
-0.5%
-0.3%
Monday 14 November 2022 23:50
-0.2%
-0.5%
Wednesday 7 September 2022 23:50
-0.4%
-0.3%
Sunday 14 August 2022 23:50
-0.2%
-0.4%
Tuesday 7 June 2022 23:50
-0.4%
-0.5%
Tuesday 17 May 2022 23:50
-1.2%
-0.4%
Tuesday 8 March 2022 23:50
-1.3%
-1.3%
Monday 14 February 2022 23:50
-1.2%
-1.3%
Tuesday 7 December 2021 23:50
-1.1%
-1.2%
Sunday 14 November 2021 23:50
-
-1.1%

Economic context

Recent economic data has been moderately bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product Deflator (YoY) result:

PreviousLatest
Large Retailer SalesBearish change5%2%
Retail Trade (YoY)Bearish change3.1%0.5%
Retail Trade s.a (MoM)Bearish change1%-2.3%
Unemployment RateBullish change2.5%2.4%
Tokyo Consumer Price Index (YoY)Bearish change2.1%1.8%
Tokyo CPI ex Food, Energy (YoY)Bullish change1.6%1.8%
Tokyo CPI ex Fresh Food (YoY)Bearish change2%1.8%

About Gross Domestic Product Deflator (YoY)

Country:Japan
Currency:JPY
Source:Japanese Cabinet Office
Category:Economic Activity
Frequency:Quarterly

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