Consumer Price Index: Communication (COICOP 08): Total for Japan
Quarterly
JPNCP080000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-15.88
Year-over-Year Change
1463.76%
Date Range
4/1/1970 - 4/1/2021
Summary
The Quarterly trend measures the quarterly change in Japan's nominal GDP. This economic indicator provides important insights into the overall health and performance of the Japanese economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Quarterly trend tracks the quarter-over-quarter change in Japan's nominal gross domestic product (GDP). Economists and policymakers closely monitor this indicator to assess the pace of economic growth and make informed decisions.
Methodology
The data is collected and calculated by the Japanese government's Cabinet Office.
Historical Context
Quarterly GDP growth is a key metric used to evaluate Japan's macroeconomic conditions and guide economic policy.
Key Facts
- Japan is the world's third-largest economy by nominal GDP.
- Quarterly GDP growth was 0.5% in the fourth quarter of 2022.
- The COVID-19 pandemic caused a sharp decline in Japan's GDP in 2020.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the quarter-over-quarter change in Japan's nominal gross domestic product (GDP), providing insights into the overall performance of the Japanese economy.
Q: Why is this trend relevant for users or analysts?
A: Quarterly GDP growth is a key indicator used by economists, policymakers, and investors to assess the health and direction of the Japanese economy, informing decision-making and policy actions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Japanese government's Cabinet Office.
Q: How is this trend used in economic policy?
A: Quarterly GDP growth is a crucial metric used by the Bank of Japan and other policymakers to evaluate the country's macroeconomic conditions and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Quarterly GDP data is typically released with a lag of approximately two months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly (JPNCP080000GPQ), retrieved from FRED.