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. […]
Japan July Core, Total CPI Annual Rates Stay Above 2% on High Food, Utilities Costs 
–Core CPI +2.4% Y/Y Largest in 14 Years Excluding 2014 Sales Tax Hike Impact–Total CPI +2.6% Y/Y Remains Fastest in Over 30 Years, Excluding Direct Impact of 2014, 1997 Sales Tax Hikes –Gasoline Price Rise Slower on Govt Subsidies, Easing Crude Oil Market By Max Sato (MaceNews) – Consumer inflation in Japan continued moving up […]
Japan June Machine Orders Post Modest Rise, Rebound Sharply in April-June
–Japan Capex Demand Seen Solid, as Seen in Q2 GDP Growth–Japan Govt Keeps View: Machine Orders Showing Signs of Pickup By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, rebounded slightly in June, reflecting a cautious sentiment against the backdrop of solid needs to upgrade computer networks, […]
Japan July Exports, Imports Hit Record Highs as Producer Costs Remain Elevated
–Exports to U.S., Asia, China All Hit Highest Values on Semiconductors –Overall Export Volumes Continue to Drop Y/Y After Recovering from Covid Slump By Max Sato (MaceNews) – Japanese exports maintained a high pace of growth from a year earlier in July, hitting a record high value for the second straight month on solid global […]
Japan Q2 GDP Up on Eased Covid Rules, China Lockdown Limiting Gain
–Japan GDP Posts 3rd Straight Q/Q Growth as Slight Q2 Drop Revised to Slight Rise–People Dining Out, Traveling More Since Restrictions Lifted in Late March–Capex Makes Up for Q1 Drop on Solid Digitization, Greener Energy Demand–Q3 GDP Growth Faces Headwinds: Domestic Covid Spike, Slower Global Growth By Max Sato (MaceNews) – Japan’s gross domestic product […]
Preview: Japan Q2 GDP Rebound Seen on Eased Covid Rules but China Lockdown Limiting Gain
–People Dining Out, Traveling More Since Restrictions Lifted in Late March –Capex Seen Making Up for Q1 Drop on Solid Digitization, Greener Energy Demand –Q3 GDP Growth Sees Headwinds: Domestic Covid Spike, Slower Global Growth By Max Sato (MaceNews) – Japan’s gross domestic product for the April-June quarter is forecast by economists to post a […]
Japan July Producer Inflation at Slowest Pace in 7 Months on Easing Lumber, Non-Ferrous Markets
By Max Sato (MaceNews) – Producer inflation in Japan continued to ease in July to the slowest pace in seven months, after hitting a 41-year high in April, as year-on-year gains in costs for lumber and wood, chemicals and non-ferrous metals decelerated, while prices of gasoline and other fuels lost steam again after a slight […]
Japan June Household Spending Rebounds on Traveling, Dining Out Under Eased Covid Rules
–April-June Spending Up, Indicating Q2 GDP Rebound led by Consumption–Real Household Income Falls For 4th Straight Month on Rising Cost of Living By Max Sato (MaceNews) – Japan’s real household spending posted the first year-on-year rise in four months in June after falling unexpectedly in May as pent-up demand for eating out and traveling under […]
BOJ July Meeting Summary: Watch Covid Spike Impact Before Deciding to End Financing Scheme 
–Board Members Continue Calling for Supporting Wage Hikes With Easing By Max Sato (MaceNews) – Bank of Japan board members argued for monitoring the impact of the resurgence in new Covid cases for now before deciding whether to end the program to support pandemic-hit small businesses in September as scheduled, according to the summary of […]