Japan August Inflation Hits 3-Decade High on Widespread Markups; More Price Hikes Coming
–Utilities Lead Rising Energy Costs; Gasoline Price Rise Slows on Subsidies, Softer Market –Core CPI +2.8% Y/Y Nearly 31-Year High Excluding 2014, 1997 Sales Tax Hikes Impact–Total CPI +3.0% Y/Y Also Nearly 31-Year High, Excluding Booster Effects of Sales Tax Hikes –Even Narrow CPI (Ex-Fresh Food, Energy) Up 1.6% Y/Y, More than 29-Year High By […]
Japan Aug Export Values Up but Volumes Down on Slower Global Growth 
–Imports Hit Fresh Record High on Energy, Leading to Highest Trade Deficit By Max Sato (MaceNews) – Japanese exports posted a higher year-on-year rise in August after hitting a record high value in July on global reopening demand for automobiles, fuels and semiconductor-producing equipment and their rising prices, data released Thursday by the Ministry of […]
Japan July Machine Orders Unexpectedly Jump but Flat in 3-Month Average
–Japan Capex Demand Solid, Leading Upward Revision to Q2 GDP Growth–Japan July Core Orders’ Value Hit 3-Year High, Led by Non-Manufacturers–Japan Govt Keeps View: Machine Orders Showing Signs of Pickup–Cabinet Office Official: Machine Orders Not So Strong Yet to Prompt View Upgrade By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of […]
Japan Producer Price Inflation Steadies at Relatively High Pace; Lumber, Steel Prices Ease
–Export, Import Producer Prices Down on Month Amid Slower Global Demand By Max Sato (MaceNews) – Producer inflation in Japan steadied at a relatively high level in August after easing in July to the slowest pace in seven months and hitting a 41-year high in April, as slightly faster year-on-year gains in the costs for […]
Japan Q2 GDP Growth Revised Up on Firmer Capex, Smaller Inventory Drop
–Private Consumption Leads 3rd Straight Q/Q Growth as in Initial Data –Capex Rebounds Sharply on Solid Digitalization, Greener Energy Demand –Q3 GDP Growth Faces Headwinds: Covid Spike, Slower Global Growth, China Lockdowns By Max Sato (MaceNews) – Japan’s consumption-led economic growth in the April-June quarter was revised up sharply as business investment in equipment turned […]
Preview: Japan Q2 GDP Seen Revised Up on Firmer Capex, Smaller Private Inventory Drop
–Japan GDP’s 3rd Straight Q/Q Growth Supported by Consumption –Sharp Capex Rebound Seen on Solid Digitalization, Greener Energy Demand –Q3 GDP Growth Faces Headwinds: Covid Spike, Slower Global Growth, China Lockdowns By Max Sato (MaceNews) – Japan’s consumption-led economic growth in the April-June quarter is likely to be revised up as business investment in […]
Japan July Household Spending Up Y/Y on Travel, Dining Out but Down M/M Amid Covid Spike
–Real Household Income Falls For 4th Straight Month on Rising Cost of Living By Max Sato (MaceNews) – Japan’s real household spending posted the second straight year-on-year rise in July as people continued traveling and dining out more freely but fell from June in light of record numbers of new coronavirus infections triggered by the […]
Japan July Industrial Output Up Slightly on Easing Supply Bottlenecks for Autos
–METI Survey Points to Possible Dip in August Output, Small Gain in September–METI Keeps View: Output Making One Step Forward, One Step Back–METI: To Watch Effects of Rising Covid Cases, Parts Shortages, Inflation By Max Sato (MaceNews) – Japan’s industrial production posted a slight gain in July in light of easing supply constraints for automakers, […]
Japan August Tokyo CPI Jumps on Utilities, Food, Hotels on High Producer Costs, Reopening Demand 
–Electricity Leads Higher Energy Bills; Gasoline Price Rise Continues to Shrink –Core CPI +2.6% Y/Y Hits 30-Year High Excluding 2014, 1997 Sales Tax Hikes –Total CPI +2.9% Y/Y Over 30-Year High Excluding Sales Tax Hikes’ Direct Impact –BOJ to Keep Easing Stance Until Stable 2% Inflation Anchored with Real Wage Gains By Max Sato (MaceNews) […]
Japan Government Keeps Economic View on Gradual Pickup but Warns of Global Tightening, Rising Prices
By Max Sato (MaceNews) – Japan’s government Thursday maintained its economic overview after upgrading it last month, indicating consumption is leading a pickup in domestic demand amid a spike in Covid cases while firms are keen to invest in equipment for streamlined and greener operations, according to its monthly report released by the Cabinet Office. […]