Category: Japan Data

BOJ Keeps Easing Stance; Covid Risk Remains, Public Inflation Views Picking Up

By Max Sato (MaceNews) – The Bank of Japan said Thursday it is maintaining its stimulative policy, as expected, to support economic recovery from the pandemic-caused 2020 slump and continue guiding near-zero inflation toward its elusive 2% target. The central bank remains optimistic about the medium-term outlook for steady recovery following short-term weakness, but also […]

Japan Sept Retail Sales Dip on Pandemic Restrictions, Slashed Car Output

(MaceNews) – Japanese retail sales came in firmer than expected in September but they still posted the second straight year-on-year drop as Covid-19 restrictions remained in place until the end of the month and supply chain disruptions choked new car deliveries, data released Thursday by the Ministry of Economy, Trade and Industry showed. The ministry […]

Japan Sept Exports Slower as Global Supply Chain Snag Cuts Auto Shipments

— Imports Surge on Energy, Vaccines, Leading to 2nd Straight Trade Deficit By Max Sato (MaceNews) – Japanese exports stayed above the level seen a year earlier in September but the pace of increase continued decelerating as carmakers and electronics firms cannot meet reopening demand amid worsening global supply chain disruptions, data released Wednesday by […]

Japan Govt Keeps Cautious View on Economy, Noting Slower Export Growth

–Japan Sees Global Economic Pickup But Downgrades China Growth Pace   By Max Sato (MaceNews) – Japan’s government Friday maintained its cautious view on the pace of domestic economic recovery as global supply chain disruptions linger and export growth slows, according to its monthly report released by the Cabinet Office. The government said the economy […]

Japan Aug Machine Orders Expectedly Dip After Recent Computer Demand

–Japan Govt Downgrades View: Pickup in Machine Orders Pausing–Cabinet Office Official: Demand for Computers Seen on Firm Trend–Q3 Core Orders Seen Unlikely to Grow 11% Q/Q, As Projected Earlier By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, unexpectedly slumped in August as demand for computers took […]

<strong>Japan Sentiment Picks Up on Vaccine Rollout But Q3 GDP Seen Slower</strong>

By Max Sato (MaceNews) – Japan’s sentiment surveys painted a rosier picture as the government has lifted its Covid-19 state of emergency on heavily hit regions, setting the stage for gradually reopening the economy, but global supply chain disruptions remain a major hindrance to recovery. The monthly Economy Watchers Survey, which was conducted by the […]

Japan Aug Household Spending Slips Amid 5th Wave of Pandemic, Bad Weather

By Max Sato (MaceNews) – Japan’s household spending plunged in August as people were cautious about shopping or traveling amid the fifth wave of pandemic that was causing hospital bed shortages in major cities, data released Friday by the Ministry of Internal Affairs and Communications showed. Heavy rains from mid-August caused damage and disrupted traffic […]

ANALYSIS UPDATE: Japan PM Kishida Inherits Thorny Economic, Social Change Targets

By Max Sato (MaceNews) – Japan’s new Prime Minister Fumio Kishida is facing the same tough economic and social challenges that his predecessors tackled or created, leaving him no choice but to draw up longer-term plans to embark on a fundamental change. The soft-spoken former foreign minister, who leads the conservative Liberal Democratic Party, has […]

Japan Sept Tokyo Core CPI Posts 1st Y/Y Rise in 14 Months on Energy

— Electricity Charge Rise Picks Up Pace, Gasoline Keeps Double-Digit Gain  — Higher Processed Food Prices Also Easing Effects of Lower Mobile Phone Fees  — Total CPI’s Annual Rate Marks 1st Gain in 12 Months on Fresh Food Prices By Max Sato (MaceNews) – The core reading of consumer prices in Tokyo, a leading indicator […]