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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
JapanJapan GDP Annual Growth Rate YoY climbed to 0.5% in December 2012
FMPQuarterlyReleased March 2013
Japan GDP Annual Growth Rate YoY climbed to 0.5% in December 2012, released March 2013, up 0.2% from November's 0.3% reading.
Latest Release
0.500000
Actual
—
Consensus
0.300000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/JPY | ▼ Inverse | −0.50 | FOREX | Bullish JPY | → View |
| EUR/JPY | ▼ Inverse | −0.45 | FOREX | Bullish JPY | → View |
| Nikkei 225 | ▲ Direct | +0.45 | INDEX | Bullish JP | → View |
| GBP/JPY | ▼ Inverse | −0.40 | FOREX | Bullish JPY | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Annual Growth Rate YoY (Japan) was reported at 0.5% in March 2013. The reading rose from the previous value of 0.3%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/JPY (Bullish JPY). A secondary relationship exists with EUR/JPY, negatively correlated (Bullish JPY).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Monetary Policy Statement (Jun 16) and BoJ Interest Rate Decision (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update March 2013.
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GDP Annual Growth Rate YoY - JP
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About GDP Annual Growth Rate YoY — Japan
DEFINITION
The GDP Annual Growth Rate YoY (Year-over-Year) is a key economic indicator that measures the percentage change in a country's gross domestic product (GDP) over a one-year period. It provides valuable insight into the overall health and performance of an economy, as well as its growth trajectory. This indicator is closely monitored by investors, policymakers, and businesses as it can impact financial markets, consumer spending, and government policies. A positive GDP Annual Growth Rate YoY indicates a growing economy, while a negative rate suggests a decline.
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2013): actual 0.5 %.
WHAT'S NEXT
This indicator correlates most strongly with USD/JPY (Bullish JPY, r=-0.50) — a useful reference for forex-focused traders.