Japan's Q1 GDP Deflator Shows Initial Annual Rate of 3.4%

Japan's first-quarter GDP deflator recorded an initial annual rate of 3.4%, according to Jin10. This figure aligns with the previous value of 3.40% and surpasses the expected rate of 3.10%. The GDP deflator is a measure of inflation that reflects the change in prices for all goods and services included in GDP, providing insights into the country's economic health.