Japan June Core CPI Annual Rate Edges Up to 2.6% from 2.5% in May as Effects of Renewable Energy Fee Hike, Reduced Utility Subsidies Offset Easing Processed Food Markups
–Total CPI June Y/Y Rise Steady at 2.8%; Fresh Food Prices Still Up 8%–Core-Core CPI (Ex-Fresh Food, Energy) Annual Rate Creeps Up to 2.2% from 20-Month Low of 2.1% in May By Max Sato (MaceNews) – Consumer inflation in Japan inched up in two of the three key measures in June on reduced subsidies for […]
Ex-BOJ’s Momma Sees BOJ Cautious About Rate Hike Timing amid Slow Services Price Rise; Not in Position to Act on Weak Yen
–Momma Expects BOJ Rate Hikes in September, January but Warns of Economic Uncertainty–Momma Estimates BOJ’s Own Measure of Underlying Inflation at 1.5%, Still Below 2% Target–Momma: Central Banks Alone Cannot Anchor Inflation; Need Fiscal, Tax Policy Backup for Wealth Redistribution By Max Sato TOKYO (MaceNews) – The Bank of Japan will remain cautious about following […]
Japan June Export Rise Led by Chip-Making Equipment, Non-Ferrous Metals on Recovering Chinese Demand; Trade Balance Posts 1st Surplus in 3 Months
–Imports Up on Strong Demand for Computers, Engines, Smartphones–Exports to China Post 7th Straight Y/Y Rise Following Last Year’s Slump–Exports to US Remain Robust; Those to EU Mark 3rd Straight Y/Y Slip By Max Sato (MaceNews) –Japanese export values rose 5.4% for the seventh straight year-over-year increase in June, led by solid demand for semiconductor-making […]
Japan May Core Machine Orders Unexpectedly Post 2nd Straight Monthly Drop on Pullback in Computers but Digitization Demand Remains Strong
Japanese capex pulls back
Japan June Producer Prices Up 2.9% Y/Y As Expected After Upwardly Revised 2.6% Rise in May on Higher Renewable Energy Charge, Halved Utility Subsidies, Rising Commodity Markets
Japanese producer price inflation rises
Japan May Household Spending Unexpectedly Slumps as Consumers Shy Away from Soaring Fresh Food Prices, Weaker Yen Dents Overseas Travel Demand
Japanese household spending slumps
BOJ June Quarter Tankan: Major Manufacturers’ Sentiment Picks Up on Resumed Auto Output, Slightly More Upbeat Three Months Ahead
Japan manufacturing sentiment better
Preview: BOJ June Quarter Tankan to Show Major Manufacturers’ Sentiment Up Slightly on Resumed Vehicle Output
Japan business expectations mixed
Japan May Jobless Rate Steady at 2.6% for 3rd Straight Month; Job Cuts Steady, More People Join Market Looking for Work
Japanese unemployment steady
Japan Government Keeps Its View on Economic Recovery, Upgrades Global Economy but Warns of Impact of High Interest Rates in US, Europe
Japanese cabinet warns on impact of possible overseas slowdown