Economic Calendar: Japan’s Economic Outlook – GDP Growth and Potential Market Movements
This evening, Japan will announce its GDP data for the second quarter of 2023. Expectations for robust growth are based on global demand growth for Japan’s exports. Current year-on-year GDP growth is 1.3%, up from 0.4% the previous month. The forecast for this quarter is 2.7%, signaling a remarkable increase. Higher GDP growth promises a…