AI Data Insight
Japan's nominal GDP inventory change in Q2 2026 was -4188.3 billion yen, with the decline further expanding compared to -3921.6 billion yen in the first quarter. The deterioration in data was primarily attributed to the government's release of public sector crude oil reserves to stabilize inflation, which offset the stocking efforts of private enterprises. Looking ahead, as intervention slows down, the inventory decline is expected to narrow, but the momentum of medium- to long-term restocking will still depend on domestic consumption momentum.