GDP components · Japan

Japan GDP Capital Expenditure QoQ Final

The Japan GDP Capital Expenditure QoQ Final is one part of the national accounts of Japan: what households spend, what businesses invest, what they earn, or how productive workers are.

Importance
Medium
Publié
Quarterly
Prochaine publication
Devise
JPY · Japanese yen
Banque centrale
The Bank of Japan
Influence
AUDJPY · CADJPY · CHFJPY · EURJPY · GBPJPY · NZDJPY · SGDJPY · USDJPY

Derniers chiffres

La dernière publication, pour Q2, est parue le 2026-09-07 et s’est établie à -0.9%. C’est en dessous du consensus de -0.8%. C’est plus que -1.0% la fois précédente (révisé).

A weaker figure than expected points to slowing activity: the Japanese yen tends to soften and markets price in lower rates.

Sur les 7 dernières publications, la valeur est allée de -0.9% à 1.3%, avec une moyenne de 0.3%. Elle a baissé trois publications d’affilée.

Mar 2025: 0.6%Jun 2025: 1.1%Sep 2025: 0.6%Dec 2025: -0.2%Mar 2026: 1.3%Jun 2026: -0.7%Sep 2026: -0.9% Mar 2025Sep 2026
Résultats réels ; le petit trait sur une barre indique le consensus.
PubliéPourRéelConsensusPrécédent
7 Sep 2026Q2-0.9%-0.8%-1.0% ®
7 Jun 2026Q1-0.7%-0.9%1.2% ®
9 Mar 2026Q41.3%1.1%0% ®
7 Dec 2025Q3-0.2%0.4%1.3% ®
7 Sep 2025Q20.6%1.2%0.7%% ®
8 Jun 2025Q11.1%1.4%0.6% ®
10 Mar 2025Q40.6%0.3%-0.1%

Voir dans le calendrier économique →

Pourquoi c’est important

GDP's headline hides its drivers. Household spending is usually the largest part of demand; investment is the most cyclical and tells you about firms' confidence; productivity and labour costs decide whether growth can continue without inflation.

Mode de calcul

the Statistics Bureau and the Cabinet Office estimates each component from surveys, tax and trade data, after inflation where noted ("real").

Ce que signifient les variations

  • Strong spending with weak income growth cannot last: watch the savings rate.
  • Productivity growth lets wages rise without pushing up prices; unit labour costs show the opposite.

Supérieur aux attentes : A stronger figure than expected points to a healthier economy: it usually supports the Japanese yen and local stocks, and can push bond yields up.

Inférieur aux attentes : A weaker figure than expected points to slowing activity: the Japanese yen tends to soften and markets price in lower rates.

Un bref historique

The components follow the expenditure approach to GDP set out by Keynesian economics in the 1930s and standardised in the System of National Accounts.

Questions

What is the Japan GDP Capital Expenditure QoQ Final?

The Japan GDP Capital Expenditure QoQ Final is one part of the national accounts of Japan: what households spend, what businesses invest, what they earn, or how productive workers are.

What was the latest Japan GDP Capital Expenditure QoQ Final?

-0.9% for Q2, published on 7 September 2026 (consensus -0.8%, previous -1.0%).

When is the next Japan GDP Capital Expenditure QoQ Final?

On Monday 7 December 2026 at 23:50 UTC.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.