Japan December Household Spending Posts 10th Straight Y/Y Drop as Inflation Bites, Milder Weather Dampens Demand for Winter Clothing, Heaters
–Households Seeking Savings by Switching to Low-Cost Mobile Phone Plans–Eating Out Continues Growing, Vehicle Purchases, Car Services Rebound–Real Household Income Posts 15th Straight Y/Y Drop on Elevated Costs By Max Sato (MaceNews) – Japan’s real household spending posted its 10th straight drop on the year in December, down a deeper-than-expected 2.5%, following a 2.9% dip […]
Japan December Retail Sales Turn Weaker as Pent-up Demand Wanes, Upward Price Pressures on Food, Fuels Ease
–METI Downgrades View: Retail Sales Taking One Step Forward, One Step Back Vs. on Uptrend–Department Store Sales Up but at Slower Pace after Already Recovering from Pandemic Slump By Max Sato (MaceNews) – Japanese retail sales turned weaker in December, rising just 2.1% on the year, below the consensus forecast of a 5.3% rise and […]
White House and Other Schedules for Friday, Jan 19
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, JANUARY 19, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
White House and Other Schedules for Thursday, Dec 28
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, DECEMBER 28, 2023 The President has no public events scheduled. Out-of-Town PoolWires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, […]
Japan November Retail Sales Y/Y Rise Picks Up on Solid Demand for Vehicles, Appliances
–METI Keeps View: Retail Sales on Gradual Uptrend –High Prices for Food, Beverages Supporting Overall Retail Sales –Department Store Sales Up on Winter Clothing, Strong Inbound Spending By Max Sato (MaceNews) – Japanese retail sales continued to post a solid gain on the year in November, up 5.3%, backed by solid demand for vehicles and […]
White House and Other Schedules for Thursday, Dec 14
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, DECEMBER 14, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
Japan October Household Spending Posts 8th Straight Y/Y Drop as Unusually Warm Weather Dents Heater Demand, Ceremony Costs Remain Low
–Eating Out Continues; Demand for Automobiles Solid on Improved Supply Chains, Easing Chip Shortages –Real Household Income Posts 13th Straight Y/Y Drop on Elevated Costs; Nominal Wage Growth Falling Behing Inflation By Max Sato (MaceNews) – Japan’s real household spending posted its eighth straight drop on the year in October, down a smaller-than-expected 2.5%, after […]
Japan October Retail Sales Y/Y Rise Continues Slowing; Protracted Heat Wave Hurts Autumn Goods Demand
–METI Keeps View: Retail Sales on Gradual Uptrend–High Prices for Food, Beverages Supporting Overall Retail Sales –Department Store Sales Boosted by Influx of Foreign Visitors By Max Sato (MaceNews) – Japanese retail sales continued to post a solid gain on the year in October, up 4.2%, amid smooth deliveries of automobiles, but the pace of […]
White House and Other Schedules for Wednesday, Nov 15
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULEFOR WEDNESDAY, NOVEMBER 15, 2023 – FRIDAY, NOVEMBER 17, 2023Wednesday, November 15, 2023 In the morning, the President will receive the […]
Japan September Household Spending Posts 7th Straight Y/Y Drop as Lingering Heat Wave Dents Demand for Autumn Goods, High Costs Hurt
–Q3 Core Spending Down 0.8% Q/Q for 3rd Straight Fall, Indicating Sluggish Consumption in Q3 GDP –Move to Discount Mobile Phone Plans Continues, Pushing Down Spending–Eating Out, Travel Solid; Demand for Automobiles Up on Improved Supply Chains –Real Household Income Posts 12th Straight Y/Y Drop on Elevated Costs Despite Nominal Wage Hikes By Max Sato […]