Japan Q2 GDP growth undershoots forecasts, complicating BOJ's hike timeline

Japan Q2 real GDP prelim +0.3% q/q Japan Q2 GDP annualised +1.1% Japan Q2 GDP deflator +2.6% y/y Japan Q2 domestic demand contribution to GDP -0.2% Japan Q2 external demand contribution to GDP +0.5% Japan Q2 exports +0.5% q/q Japan Q2 private consumption 0.0% q/q vs. expected…