Ex-BOJ’s Momma Sees BOJ Cautious About Rate Hike Timing amid Slow Services Price Rise; Not in Position to Act on Weak Yen
–Momma Expects BOJ Rate Hikes in September, January but Warns of Economic Uncertainty–Momma Estimates BOJ’s Own Measure of Underlying Inflation at 1.5%, Still Below 2% Target–Momma: Central Banks Alone Cannot Anchor Inflation; Need Fiscal, Tax Policy Backup for Wealth Redistribution By Max Sato TOKYO (MaceNews) – The Bank of Japan will remain cautious about following […]
Japan June Export Rise Led by Chip-Making Equipment, Non-Ferrous Metals on Recovering Chinese Demand; Trade Balance Posts 1st Surplus in 3 Months
–Imports Up on Strong Demand for Computers, Engines, Smartphones–Exports to China Post 7th Straight Y/Y Rise Following Last Year’s Slump–Exports to US Remain Robust; Those to EU Mark 3rd Straight Y/Y Slip By Max Sato (MaceNews) –Japanese export values rose 5.4% for the seventh straight year-over-year increase in June, led by solid demand for semiconductor-making […]
Japan May Core Machine Orders Unexpectedly Post 2nd Straight Monthly Drop on Pullback in Computers but Digitization Demand Remains Strong
Japanese capex pulls back
Japan June Producer Prices Up 2.9% Y/Y As Expected After Upwardly Revised 2.6% Rise in May on Higher Renewable Energy Charge, Halved Utility Subsidies, Rising Commodity Markets
Japanese producer price inflation rises
Japan May Household Spending Unexpectedly Slumps as Consumers Shy Away from Soaring Fresh Food Prices, Weaker Yen Dents Overseas Travel Demand
Japanese household spending slumps
Japan Q1 Annualized GDP Slump Revised Down to 2.9% from 1.8% Drop in Rare 2nd Revision as Public Works Spending Turns Much Weaker Than Estimated Earlier
Japanese GDP revised down
BOJ June Quarter Tankan: Major Manufacturers’ Sentiment Picks Up on Resumed Auto Output, Slightly More Upbeat Three Months Ahead
Japan manufacturing sentiment better
Preview: BOJ June Quarter Tankan to Show Major Manufacturers’ Sentiment Up Slightly on Resumed Vehicle Output
Japan business expectations mixed
Japan June Tokyo Core CPI Annual Rate Rises to 2.1% from 1.9% in May on Reduced Utility Subsides; Air Conditioner Prices Up on Hot Weather
Tokyo CPI rises in May
Japan May Jobless Rate Steady at 2.6% for 3rd Straight Month; Job Cuts Steady, More People Join Market Looking for Work
Japanese unemployment steady