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home / news releases / JEQ - Japan's Q3 GDP shrank 0.7% current account surplus stood at ¥2582.8B in October


JEQ - Japan's Q3 GDP shrank 0.7% current account surplus stood at ¥2582.8B in October

2023-12-08 01:36:15 ET

The Japanese economy shrank 0.7% Q/Q in Q3 of 2023, compared with a flash figure of a 0.5% contraction and after a downwardly revised 0.9% growth in Q2.

The economy contracted 2.9% on an annualized basis during the third quarter of 2023, compared with preliminary data of a 2.1% fall and after a downwardly revised 3.6% growth in Q2.

Japan’s current account surplus stood at JPY 2,582.8 billion in October 2023, remaining positive for the ninth consecutive month and exceeding forecasts of JPY 1,901.2 billion.

ETFs: ( JEQ ), ( EWJ ), ( DXJ ), ( FXY ).

Currency: ( USD:JPY )

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Japan's Q3 GDP shrank 0.7%, current account surplus stood at ¥2,582.8B in October
Stock Information

Company Name: Aberdeen Japan Equity Fund Inc.
Stock Symbol: JEQ
Market: NYSE
Website: aberdeenjeq.com

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