US ISM Manufacturing Posts 8th Straight Growth in August but at Slower Pace as Persistent Inflation, Trade War Hurt New Orders, Jobs; AI Projects Keep Chip Supply Tight
–ISM’s Spence Sees Positive Sentiment in Employment Start to Deteriorate in August–Spence: Prolonged Trade Uncertainty Can Delay Orders, Increase Price Pressures By Max Sato (MaceNews) – U.S. manufacturing activity expanded for the eighth straight month in August but slowed more than expected as persistent inflation during the Iran war and additional punitive import duties slapped […]
Preview: Japan Industrial Expected To Retreat in July
Monday, August 31, 2026 0850 JST (2350 GMT/1950 EDT Sunday, August 30) The Ministry of Economy, Trade and Industry releases July industrial production, the outlook for August and September. Mace News median: -0.6% m/m (range: -1.4% to +1.3%) vs. June revised to +1.9% from +1.3%; +3.6% y/y (range: +2.6% to +5.4%) vs. June revised to […]
Preview: Japanese Retail Sales Seen Up 2.5% on Year in July
Monday, August 31, 2026 0850 JST (2350 GMT/1950 EDT Sunday, August 30) The Ministry of Economy, Trade and Industry releases July retail sales. Mace News median: +2.5% y/y (range: +1.3% to +3.4%) vs. June revised to +0.6% from +0.5%; +1.6% m/m (range: +0.8% to +1.8%) vs. June revised to -3.9% from -4.1% By Chikafumi Hodo […]
Japan Week Ahead: July Data to Show Mixed Start to Q3 after BOJ Deputy Governor Himino Downplays Weak Q2 GDP Growth, Keeps September Rate Hike Talk Alive
–July Factory Output to Show Pullback After Recent Gains, Heat Wave Props Up Retail Sales, Sluggish Household Spending Continues amid High Costs By Max Sato (MaceNews) – Financial markets have largely priced in a follow-up interest rate hike by the Bank of Japan in September, with only a three-month interval instead of an earlier expectation […]
Japan Government Sticks to Gradual Economic Recovery Scenario after Sluggish Q2 GDP Growth, Noting Final Demand Still Up
–Government to Watch Drag from Powerful Earthquake That Hit Southwestern Region Last Month as Well as Inflationary Effects of Middle East Conflict By Max Sato (MaceNews) – Japan’s government continued to project moderate economic recovery will continue in the near term, downplaying lackluster GDP growth in the April-June quarter, but also warned that high energy […]
Preview: Forecasters See Japanese CPI Inflation Picking Up Steam in July Data
Consensus outlook for Mace NewsFriday, Aug 21, 20260830 JST (2330 GMT/1930 EDT Thursday, Aug 20) The Ministry of Internal Affairs and Communications releases July CPI. Mace News median: total CPI +1.9% y/y (range: +1.8% to +2.0%) vs. June revised down to +1.6% under new base year formula from +1.7%; core CPI (ex-fresh food) +1.8% y/y […]
Preview: Forecasters See Japanese Exports Surging Again in July Trade Report
Consensus outlook for Mace NewsThursday, Aug 20, 20260850 JST (2350 GMT/1950 EDT Wednesday, Aug 19) The Ministry of Finance releases July trade.Mace News median: exports +21.2% y/y (range: +19.0% to +23.8%) vs. +19.3% in June; imports +26.5% y/y (range: +21.0% to +29.2%) vs. +25.4% in June; trade deficit ¥670.70 billion (range: a deficit of ¥708.80 […]
Preview: Forecasters See Japanese Machinery Orders Bouncing Back in June Report
Consensus outlook for Mace News Wednesday, August 19, 20260850 JST (2350 GMT/1950 EDT Tuesday, August 18) The Cabinet Office releases June and April-June machinery orders.Mace News median: core orders +8.6% m/m (range: +6.5% to +11.7%) vs. May -12.4%; +11.0% y/y (range: +8.9% to +15.1%) vs. May -1.9% By Chikafumi Hodo TOKYO (MaceNews) – Japan’s core […]
Japan Week Ahead: Q2 GDP to Show Faster Economic Growth, July Exports Seen Up Sharply, Subsidies Offsetting Upward Pressures in CPI from Mideast Conflict, Weak Yen
By Max Sato (MaceNews) – It is quiet on the policy front in the coming week with no public speeches by Bank of Japan board members scheduled until Aug. 27 when Deputy Governor Ryozo Himino, a former financial industry regulator, speaks to business leaders in Saitama, just north of Tokyo, on the latest economic and […]
Preview: Japan’s Economy Seen Growing for Third Straight Quarter in Q2 on Solid Consumption, Capital Spending
Monday, August 17 0850 JST (2350 GMT/1950 EDT, Sunday, August 16) Cabinet Office releases preliminary GDP for April-June 2026.Mace News median: +0.6% q/q (range +0.4% to +0.7%) vs. Q1 revised +0.5%; +2.3% annualized (range +1.6% to +2.3%) vs. Q1 revised +1.8%; +0.7% y/y (range +0.2% to +1.3%) vs. Q1 revised +0.4% By Chikafumi Hodo TOKYO […]