Japan Revised Second Quarter GDP Forecasts: Bloomberg Survey

By Theresa Barraclough

Sept. 8 (Bloomberg) -- Following are the latest forecasts for Japan’s revised second quarter gross domestic product.

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As of 09/08/11        GDP      GDP      GDP      GDP      GDP      GDP
                      QOQ%    Annual    YOY%   Nominal  Nominal  Deflator
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Date of Release      09/09    09/09    09/09    09/09    09/09    09/09
Time period           2Q f     2Q f     2Q f     2Q f     2Q f     2Q f
Measure               QOQ%     QOQ%     YOY%     QOQ%     YOY%     YOY%
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# of replies           21       21       14       17       12       16
Median               -0.5%    -2.1%    -1.2%    -1.6%    -3.3%    -2.2%
Average              -0.5%    -2.1%    -1.2%    -1.6%    -3.3%    -2.2%
Expected change      -0.2%    -0.8%    -0.2%    -0.2%    -0.1%     0.0%
Level Forecast        ---      ---      ---      ---      ---      ---
High Forecast        -0.3%    -1.1%    -0.9%    -1.3%    -3.1%    -2.1%
Low Forecast         -0.9%    -3.4%    -1.4%    -1.9%    -3.6%    -2.2%
Previous             -0.3%    -1.3%    -1.0%    -1.4%    -3.2%    -2.2%
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As of 09/08/11        GDP      GDP      GDP      GDP      GDP      GDP
                      QOQ%    Annual    YOY%   Nominal  Nominal  Deflator
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Aletti Gestielle     -0.5%    -2.1%    -1.1%     ---      ---      ---
Barclays             -0.6%    -2.5%    -1.0%    -1.8%    -3.2%    -2.2%
BNP Paribas          -0.6%    -2.4%     ---     -1.7%     ---      ---
Citigroup Global Mar -0.3%    -1.2%     ---      ---      ---      ---
Credit Agricole CIB  -0.6%    -2.5%     ---      ---      ---      ---
Dai-Ichi Life Resear -0.4%    -1.7%     ---     -1.5%     ---      ---
Daiwa Research       -0.5%    -2.2%     ---     -1.6%     ---     -2.2%
GFT                  -0.5%    -2.1%    -1.2%     ---      ---     -2.2%
Itochu Economic Rese -0.5%    -1.9%    -1.2%    -1.6%    -3.4%    -2.2%
Japan Research Inst  -0.4%    -1.5%    -1.1%    -1.6%    -3.1%    -2.1%
JPMorgan Chase       -0.6%    -2.4%    -1.2%    -1.4%    -3.3%    -2.2%
Mitsubishi Research  -0.5%    -2.1%    -1.1%    -1.6%    -3.3%    -2.2%
Mitsubishi UFJ Resrc -0.3%    -1.1%    -0.9%    -1.3%    -3.1%    -2.2%
Mizuho Research Inst -0.6%    -2.5%    -1.3%    -1.7%    -3.4%    -2.2%
Morgan Stanley       -0.8%    -3.1%    -1.4%    -1.9%    -3.5%    -2.2%
NLI Research Inst.   -0.4%    -1.8%    -1.1%    -1.5%    -3.2%    -2.2%
Nomura Sec. Research -0.6%    -2.3%    -1.2%    -1.7%    -3.4%    -2.2%
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As of 09/08/11        GDP      GDP      GDP      GDP      GDP      GDP
                      QOQ%    Annual    YOY%   Nominal  Nominal  Deflator
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Norinchukin          -0.5%    -2.2%     ---     -1.7%     ---     -2.2%
SMBC Nikko Securitie -0.5%    -1.8%     ---     -1.4%     ---     -2.2%
Sumitomo Mitsui Asse -0.4%    -1.6%    -1.1%    -1.5%    -3.3%    -2.2%
UBS Securities       -0.9%    -3.4%    -1.4%    -1.8%    -3.6%    -2.2%
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To contact the reporter of this story: Theresa Barraclough in Tokyo at tbarraclough@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net