Sales: Retail Trade: Total Retail Trade: Volume for Japan
Growth rate same period previous year, Quarterly
SLRTTO01JPQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.24
Year-over-Year Change
-141.83%
Date Range
1/1/1956 - 1/1/2025
Summary
The 'Growth rate same period previous year, Quarterly' series measures the year-over-year growth rate of real GDP in Japan. This key indicator provides insight into the pace of the Japanese economy's expansion or contraction.
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
This quarterly growth rate series offers an important perspective on Japan's economic performance. It compares the current quarter's real GDP to the same quarter in the previous year, revealing the underlying trend and momentum of the world's third-largest economy.
Methodology
The data is calculated by the Cabinet Office of Japan based on its official quarterly real GDP estimates.
Historical Context
Policymakers and analysts closely monitor this series to assess the health of the Japanese economy and inform fiscal and monetary policy decisions.
Key Facts
- Japan is the world's third-largest economy.
- GDP growth rate averaged 0.5% per quarter from 2010-2019.
- The COVID-19 pandemic caused a sharp contraction in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Quarterly' series measures the year-over-year growth rate of real GDP in Japan on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This key indicator provides insight into the pace of the Japanese economy's expansion or contraction, which is critical information for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the Cabinet Office of Japan based on its official quarterly real GDP estimates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this series to assess the health of the Japanese economy and inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, in line with the publication of Japan's official GDP estimates.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (SLRTTO01JPQ659S), retrieved from FRED.