Japan slows to near-zero growth

Second quarter GDP growth decelerated to 0.3% qoq.

Exports led the decline as a flagging global economy and a punishingly strong yen discouraged export demand.

Here's more from BBVA:

Today, Japan's data showed that the economy slowed in the second quarter to 0.3% q/q (BBVA: 0.2% q/q; Consensus: 0.6% q/q), after expanding by 1.3% q/q in the first quarter. In trade, exports growth was poor due to a combination of the global downturn and the strong yen, leading to a -0.1 ppt contribution to growth. Meanwhile, on the domestic demand side, investment and public spending added 0.2 ppt and 0.1 ppt to quarterly growth, as a result of post-quake reconstruction spending. Looking ahead, we expect Japan's economy to remain muted in the second half year, as the effects of post quake reconstruction subside. On the balance, however, we are maintaining our growth forecast for Japan for 2012 and 2013 of 2.4% and 1.4% respectively. With respect to Japan’s monetary policy, today’s lower than expected Q2 GDP outturn, together with recent weak economic indicators, is likely to increase pressure on the BoJ for further easing.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia