Japan Q3 GDP Contraction Revised Down on Larger-Than-Expected Private Sector Inventory Drop; Domestic Demand Weak
–Slump Due to Net Exports Pullback, Private Inventories Plunge, Weaker Public Works, Capex –Consumption Revised Down to Slight Drop from Flat as Demand for Eating Out, Traveling Wanes Amid High Costs –Q4 GDP Seen Up but Faces Slowing Global Demand, Domestic Labor Shortages By Max Sato (MaceNews) – Japan’s first economic contraction in four quarters […]
Japan October Household Spending Posts 8th Straight Y/Y Drop as Unusually Warm Weather Dents Heater Demand, Ceremony Costs Remain Low
–Eating Out Continues; Demand for Automobiles Solid on Improved Supply Chains, Easing Chip Shortages –Real Household Income Posts 13th Straight Y/Y Drop on Elevated Costs; Nominal Wage Growth Falling Behing Inflation By Max Sato (MaceNews) – Japan’s real household spending posted its eighth straight drop on the year in October, down a smaller-than-expected 2.5%, after […]