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home / news releases / EWJ - Japan GDP Signals A Healthy Economy


EWJ - Japan GDP Signals A Healthy Economy

By Jesper Koll

Japan's gross domestic product ((GDP)) report from last week was stronger than expected, up 2.1% quarter over quarter and annualized, against expectations for a small decline. Details confirm the positive surprise was due to a strong boost from public demand, and weak private demand pulling down imports (which reduces the drag from trade on GDP). Genuine positive forces were the strong rise in residential housing, up 4.5%, and the fact that private sector inventories did not rise. The former is key to our thesis that, although consumer spending is still basically flat,

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Stock Information

Company Name: iShares MSCI Japan Index Fund
Stock Symbol: EWJ
Market: NYSE

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