Japanese GDP Q4 2025, final.

0.3% q/q

• expected 0.3%, prior -0.6%

Annualized 1.3%

• expected 1.2%, prior -2.3%

GDP inflation measure 3.4% y/y

• expected 3.4%, prior 3.5%

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External Demand 0% q/q

• expected 0.0%, prior -0.2%

Capital Expenditure 1.3% q/q

• expected 1.1%, prior -0.2%

Private Consumption 0.3% q/q

• expected 0.1%, prior 0.2%

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I’ll have more to come on this separately