Japan October Exports Post 2nd Straight Y/Y Rise on Solid Demand for Autos but Trade Balance Slips Back into Deficit amid Slower Global Growth

–Export Volumes Down After 1st Y/Y Gain in 12 Months in September –Imports Mark 7th Straight Y/Y Fall on Easing Energy Prices  –Exports to China Show 11th Straight Y/Y Drop on Chips, Iron/Steel  By Max Sato (MaceNews) – Japanese export values posted their second straight year-over-year increase in October, rising a stronger-than-expected 1.6% to the […]

Japan Q3 GDP Posts 1st Contraction in 3 Quarters on Pullback in Net Exports, Sharp Drop in Private Inventories, Weaker Public Works, Capex

–Q3 GDP -2.1% Annualized Drop Much Weaker Than -0.6% Median Forecast –Consumption Flat as Pent-Up Demand for Eating Out, Traveling Wanes –Q4 GDP Seen Up but Faces Slowing Global Demand, Domestic Labor Shortages   By Max Sato (MaceNews) – Japan’s gross domestic product for the July-September quarter posted its first contraction in three quarters, down 0.5% […]

Japan September Household Spending Posts 7th Straight Y/Y Drop as Lingering Heat Wave Dents Demand for Autumn Goods, High Costs Hurt

–Q3 Core Spending Down 0.8% Q/Q for 3rd Straight Fall, Indicating Sluggish Consumption in Q3 GDP –Move to Discount Mobile Phone Plans Continues, Pushing Down Spending–Eating Out, Travel Solid; Demand for Automobiles Up on Improved Supply Chains –Real Household Income Posts 12th Straight Y/Y Drop on Elevated Costs Despite Nominal Wage Hikes By Max Sato […]

Updated: Preview: Japan Q3 GDP Seen Posting 1st Contraction in a Year on Pullback in Net Exports, Public Works; Consumption, Capex Likely Rebound but Sluggish

–Updates Household Spending and BOJ Consumption Activity Index Information in 9th and 10th Paragraphs –Pent-Up Demand for Eating Out, Travel Appears to Wane –Q4 GDP Seen Up but Faces Slowing Global Growth By Max Sato (MaceNews) – Japan’s gross domestic product for the July-September quarter is forecast by economists to post its first contraction in […]

Japan September Jobless Rate Eases to 2.6% from August’s 2.7% as Job Cuts Fall, Fewer People Quit to Look for Better Positions 

–Employment Up Y/Y for 14th Straight Month, Led by Hotels, Restaurants, Construction; Manufacturing Jobs Slump  –Number of Unemployed Drop After 2 Months of Increase  By Max Sato (MaceNews) – Japanese payrolls posted their 14th straight rise on year in September as massive hiring by hotels, restaurants and builders continued mitigating a sharp decline in manufacturing […]