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 […]
ANALYSIS: Japan Eases Pandemic Rules, Risking Resurgence Amid Flat Approval Ratings
By Max Sato (MaceNews) – Japan’s government has eased some restrictions on economic activity, risking a renewed upswing in coronavirus cases, as it seeks to fight the pandemic and support a recovery from last year’s slump at the same time. Ahead of general elections sometime this year, Prime Minister Yoshihide Suga faces sluggish approval ratings […]
JAPAN Feb CPI Y/Y Drop Shrinks Further as Energy Posts Smaller Fall
— Energy, Subsidized Tuitions Remain Key Factor Behind Weak Core Prices By Max Sato (MaceNews) – The deflationary trend in Japanese consumer prices eased further in February in light of firmer food and energy costs, data from the Ministry of Internal Affairs and Communication released Friday showed, but consumption, the key growth driver, is forecast […]
Japan Feb. Exports Dip After January’s Pre-Lunar New Year Rush; Pickup Seen Intact
– Exports to China Continue Rising; Shipments to Asia Post Slight Drop – Demand for Chip-Making Machines Strong; Auto Exports Slowing By Max Sato (MaceNews) – Japanese exports posted the first year-on-year drop in three months in February partly in reaction to rush shipments to Asia in January before the Lunar New Year holidays last […]