Japan: Q1 GDP likely to post a growth of 0.5% - Lloyds Bank

Rhys Herbert, Research Analyst at Lloyds Bank, points out that the initial estimate of Q1 Japanese GDP growth will be released early Thursday and will be the most important economic release of the morning session.

Key Quotes

“The consensus forecast is for a quarterly rise of 0.5%, up from 0.3% in Q4 2016. Prices, however, as measured by the GDP deflator are forecast to continue to fall, suggesting that deflation remains a concern.”