Japan September Machine Orders Slump, Q3 Drop Largely as Expected; Q4 Rebound Seen 
–Japan Govt Downgrades View: Pickup in Machine Orders Pausing Vs. Orders Showing Signs of Pickup By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, posted the second straight month-on-month drop in September amid slowing global economic growth, as lower demand for freezers, construction machines, and turbines offset […]
Japan Q3 GDP Unexpectedly Shrinks on Surging Imports; Capex Slower but Solid, Consumption Resilient
–Japan’s Economy Posts 1st Q/Q Drop in 4 Quarters; Q2 Growth Revised Up –Consumption Marks 4th Straight Q/Q Rise Despite Spike in New Covid Cases –Capex Demand for FY22 Solid Amid Digitization, Green Transformations –Q4 GDP May Rebound on Fiscal Support but Global Uncertainties Remain –Economic Minister Goto: Japan Gradual Pickup Intact Despite Q3 Dip […]
Japan October Producer Inflation Higher Than Expected at 9.1%, Led by Utilities, Iron and Steel
–September’s Annal Rate Revised Up to 10.2%, Highest in 41 Years –Weak Yen Continues Boosting Import Costs for Producers By Max Sato (MaceNews) – Producer inflation in Japan came in higher than expected in October as utility charges surged above 40%, iron and steel prices remained high, up over 20%, and a faster pace of […]
Preview: Japan Q3 GDP to Post 4th Straight Quarterly Growth; Pace Slower on Covid Spike, High Prices
–Modest Q3 Growth Seen Led by Solid Capex Demand, No Strict Public Health Rules –Net Exports Seen Down amid Global Slowdown, Rising Import Costs –Q4 GDP Growth Likely Backed by Govt Subsidies for Tourism, Eased Border Restrictions By Max Sato (MaceNews) – Japan’s gross domestic product for the July-September quarter is forecast by economists […]
Japan Sept Household Spending Posts 4th Straight Y/Y Rise, Rebounds M/M as Covid Spike Eases
–Spending on Travel, Dining Stays Above Sept 2021 When Covid State of Emergency Was in Place –Real Household Income Edges Up but Real Wages Still Down Amid Rising Cost of Living –July-Sept Household Spending Dips Q/Q, Indicating Only Limited Consumption Boost in Q3 GDP Growth By Max Sato (MaceNews) – Japan’s real household spending posted […]
Japan September Retail Sales Post 7th Straight Y/Y Rise as Covid Eases, Border Restrictions Lifted 
–METI Upgrades View: Retail Sales Picking Up Vs. Picking Up Gradually –Department Store Sales Continue Recovering but Still Below Pre-Pandemic Levels –Demand for Cosmetics, Drugs Remains Strong; Auto Sales Rebound By Max Sato (MaceNews) – Japanese retail sales posted a seventh straight year-on-year increase in September, led by high fuel prices, pent-up demand for shopping […]
Japan September Industrial Output Dips After Recent Gains on Easing Supply Constraints
–METI Survey: Output Likely to Slump in October, Rise Slightly in November –METI Keeps View: Output Showing Signs of Moderate Increase –METI Repeats: To Watch Effects of a Rise in Covid Cases, Parts Shortages, Inflation By Max Sato (MaceNews) – Japan’s industrial production posted the first drop in four months in September, taking a breather […]
Japan October Tokyo Core CPI Surges to 40-Year High of 3.4% as Widespread Markups Continue 
–Total CPI +3.5%, Narrow CPI (Ex-Fresh Food, Energy) +2.2% for 3-Deacde Highs By Max Sato (MaceNews) – Consumer prices in Tokyo, the leading indicator of the national average, surged in all three key measures, with the core CPI annual rate hitting a 40-year high of 3.4%, as processed food and natural gas suppliers continued passing […]
Japan September Jobless Rate Inches Up to 2.6% As More People Quit for Other Opportunities 
–Unemployment at 2.5% in August, 2.6% from May to July Vs. April’s 2-Year Low 2.5% –More People Quit to Seek Other Openings Vs. August, Last September –Employment Growth Up Sharply Y/Y After Posting 1st Drop in 4 months in July –Number of Unemployed Marks 15th Straight Y/Y Drop; Still Above January 2020 Level By Max […]
Japan Govt Sees Gradual Economic Pickup, Plans Package to Ease Pain of Rising Prices, Weak Yen
By Max Sato (MaceNews) – Japan’s government Tuesday maintained its economic recovery scenario amid strong catchup demand for business investment and solid spending on dining out and traveling, but continued warning about downside risks posed by global slowdown amid tightening by many central banks and the weak yen that is boosting already high import costs, […]