Japan's GDP QoQ: -0.6% vs -0.5% expected, yen stable

Japan GDP SA (Q/Q) Q1 F -0.6% (est -0.5%; prev -0.9%)

Description the Gross Domestic Product

The Gross Domestic Product released by the Cabinet Office shows the monetary value of all the goods, services and structures produced in Japan within a given period of time. GDP is a gross measure of market activity because it indicates the pace at which the Japanese economy is growing or decreasing. A high reading or a better than expected number is seen as positive for the JPY, while a low reading is negative.