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 […]
FACT SHEET: THE BIDEN-HARRIS ADMINISTRATION’S NEW APPROACH TO THE U.S. – CHINA TRADE RELATIONSHIP
WASHINGTON (MaceNews) – The following is a fact sheet issued by the U.S. Trade Representatives Office and the White House, summarizing the comments by USTR Katherine Tai Monday in an appearance at the Washington think tank CSIS: Joe Biden ran for president on a promise to restore the backbone of this country, the middle class. […]
Japan Aug Retail Sales Slip on Rain Storms, Covid-19 Spike
By Max Sato (MaceNews) – Japan’s retail sales posted the first year-over-year drop in six months in August as a resurgence in coronavirus cases and stormy weather from the middle of the month kept shoppers away, data from the Ministry of Economy, Trade and Industry released Thursday showed. Retail sales slumped a preliminary 3.2% on […]
Japan Aug Factory Output Slumps as Global Supply Chain Disruptions Continue 
— Japan’s METI Downgrades View: Factory Output Pausing Vs. Picking Up –METI Repeats: Watch Effects of Rising COVID Cases, Global Chip Shortages By Max Sato (MaceNews) – Japan’s industrial production posted an unexpectedly large decline in August as pandemic-caused lockdowns in Southeast Asia are straining parts supplies further and global semiconductor shortages lingered, preliminary data […]
Japan Aug Core CPI Flat Y/Y After Year-Long Drop; Energy Pickup Slows
— Total CPI Marks 11th Straight Y/Y Drop As Fresh Vegetable Prices Slump — Downward Pressure From Low Cost Mobile Phone Plans Intensifies By Max Sato (MaceNews) – Higher costs for energy and processed food continued easing the downward pressure on Japan’s core consumer prices, which was flat on year in August after a year-long […]