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June 08, 2018JAPAN GDP 2018 Q1 Japan's real GDP decreased by 0.6 per cent in the first quarter of 2018 (seasonally adjusted annualized rates) according to the latet estimate released by the Government of Japan's Economic and Social Research Institute. This was the first decline since 2015Q4 with growth slowing from 1.0 per cent in Q4 2017 and 2.0 per cent in Q3 2017.
Nominal GDP declined 1.6 per cent in Q1 which was largest nominal GDP decline since the third quarter of 2012.
Real private consumption, at around 56 per cent of total GDP, declined 0.3 per cent in Q1 and private residential investment declined 7.2 per cent. Private non-residential investment was up 1.3 per cent in the quarter, generally trending up since 2009. Real export growth was 2.6 per cent in the quarter while real imports increased 1.2 per cent.
Cabinet Office of Japan: Quarterly Estimates of GDP
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