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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
JapanJapan GDP Growth Annualized QoQ fell to 1.9% in Q4 2013
FMPQuarterlyReleased November 2013
Japan GDP Growth Annualized QoQ fell to 1.9% in Q4 2013, down 1.9% from October's 3.8% reading. The print exceeded the 1.7% consensus by 0.2%. The print is running well below the 12-month average of 3.7%. GDP Growth Annualized QoQ is now the lowest in 6 months.
Latest Release
1.9
Actual
1.7
Consensus
3.8
Previous
Median Absolute Error
±1.2 percentage points
across last 3 releases
Last Call
Nov 2013
Predicted: 2.3
Actual: 1.9
Error: +0.4
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 November 2013 reading fell from the previous value of 3.8. Over the last 3 releases, the Sigmanomics model has produced a median absolute forecast error of ±1.2. Historically, this indicator is negatively correlated with USD/JPY (Bullish JPY) and negatively correlated with EUR/JPY (Bullish JPY).
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GDP Growth Annualized QoQ - JP
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