Japan Mar Factory Output Rebounds on Limited Chip Shortage Impact
By Max Sato –METI: Producers See Capex Demand to Lead April Output (MaceNews) – Japan’s industrial production unexpectedly rebounded in March as the impact of semiconductor shortages was limited and the drag from a quake-triggered supply chain constraint eased, preliminary data released Friday by the Ministry of Economy, Trade and Industry showed. In the near-term, […]
Japan Apr Tokyo CPI Slip on Lower Mobile Phone User Fees
By Max Sato –Gasoline Prices on Clear Uptrend But Energy Costs Still Down on Year (MaceNews) – Consumer prices in Tokyo, a leading indicator of the national average, posted a slightly larger year-on-year drop in the core reading in April, compared to March, as mobile carriers lowered communications fees in response to a government request, […]
Japan Mar CPI Drop Eases Further on Higher Gasoline Prices
By Max Sato –Hotel Fees Stop Falling Without Subsidized Discounts (MaceNews) – The recent pickup in energy markets eased downward pressure on Japanese consumer prices in March, data from the Ministry of Internal Affairs and Communication released Friday showed, but the outlook for growth and inflation remains uncertain amid a renewed spike in coronavirus infections […]
Japan Govt Keeps View on Economic Pickup Despite Surging Pandemic Cases
– Japan Sees Firmer U.S. Economic Recovery Due To Stimulus Package By Max Sato (MaceNews) – Japan’s government Thursday maintained its view that the domestic economy is moving toward a recovery despite a resurgence of coronavirus infections in many regions, according to its monthly report released by the Cabinet Office. The government said, “signs of […]
Japan Mar Exports Rebound Sharply on China, U.S. Recovery Demand
By Max Sato — Exports to U.S., EU Rebound in March; Asian Demand Remains Solid— Japan’s FY20 Exports Dip for 2 Years in a Row; Trade in Surplus (MaceNews) – Japanese exports rebounded more strongly than expected in March after a temporary slip in February and pre-Lunar New Year rush shipments in January, maintaining a […]
US Tsy’s FX Report Finds No Formal FX Manipulators, Adds to Monitoring List
WASHINGTON (MaceNews) – The U.S. Treasury Department, in its latest evaluation of whether other countries use foreign exchange as a means to boost its competitiveness in trade under criteria set by two different laws, gave China and every other country a pass, but added to its list of countries it closely monitors. The summary of […]
Japan’s Consumer Sentiment Picks Up Amid Pandemic Uncertainty
By Max Sato (MaceNews) – The latest surveys by the government and the Bank of Japan point to some optimism about a recovery from the pandemic that has choked global growth for about a year, but the spread of coronavirus variants amid the slow rollout of vaccinations is clouding the outlook. The monthly Economy Watchers […]
Japan Feb Household Spending Slumps Y/Y As Govt Extends COVID Restrictions
By Max Sato — Feb’s Sharp Drop Also In Reaction To Leap-Year Booster Effect on Feb 2020 (MaceNews) – Japan’s household spending remained below year-earlier levels for the third straight month in February as the government maintained restrictions on economic activity in major cities to fight the pandemic, data released Tuesday by the Ministry of […]
Japan Feb Factory Output Slips; Carmakers Hit by Global Chip Shortage
By Max Sato — Japan’s METI Says Feb. 13 Quake Also Delayed Auto Parts Supply (MaceNews) – Japan’s industrial production posted the first drop in two months after a sharp rebound in January, as global semiconductor shortages had prompted carmakers to trim output, preliminary data released Wednesday by the Ministry of Economy, Trade and Industry […]
Japan Govt Keeps View on Gradual Economic Pickup; Exports Slower
By Max Sato (MaceNews) – Japan’s government Tuesday maintained its overview on the domestic economy, which has been gradually moving out of the pandemic-caused slump, while noting exports were losing some steam, according to its monthly report released by the Cabinet Office. The government said “signs of a pickup remain in place, although there is […]