Japan Nov Machine Orders Post 2nd Straight Rise as Supply Bottlenecks Ease
–Japan Govt Upgrades View: Machine Orders Showing Signs of Pickup By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, marked the second straight monthly gain in November as parts supply constraints continued easing and new Covid cases ebbed before the Omicron variant triggered a global resurgence, data […]
Japan December Producer Prices Ease on Dip in Energy, Commodities Markets
— BOJ’s Corporate Goods Price Index Y/Y Rise Still at Over 4-Decade High — CGPI Dips M/M on Sharp Drop in Fuels, Easing in Non-Ferrous Metals By Max Sato (MaceNews) – Producer prices in Japan unexpectedly slipped on the month in December, reflecting a recent easing in energy and commodities markets, but the year-over-year increase, […]
Japan November Household Spending Slumps As Stay-at-Home Demand Eases
— Decline in Covid Cases Leads People To Resume Commuting, Traveling— But Shift to More Activity Fails to Offset Lower Spending on Utilities By Max Sato (MaceNews) – Japan’s household expenditures unexpectedly slipped in November from both the previous year and month as a decline in Covid cases prompted more people to travel and resume […]
Japan November Factory Output Surges on Further Easing in Supply Bottlenecks
— METI Upgrades View: Factory Output Shows ‘Signs of Pickup’ Vs. ‘Pausing’ — METI Warns of Uncertainty Caused by Pandemic, Materials Shortages By Max Sato (MaceNews) – Japan’s industrial production posted the second straight monthly rise in November, at a rate higher than forecast, as supply chain disruptions eased further to help carmakers recover some […]
Japan Nov Unemployment Ticks Up; Job Cuts Linger in Pandemic-Hit Sectors
By Max Sato (MaceNews) – Improvement in the Japanese labor market paused in November as job cuts continued in some sectors hit by supply chain constraints and cautious consumer behavior during the pandemic, data released Tuesday by the Ministry of Internal Affairs and Communications showed. The seasonally adjusted average unemployment rate in Japan rose to […]
Japan Nov Retail Sales Up on Fuel Price Rise, Eased Covid Restrictions 
— METI Revises Up View: Retail Sales Showing ‘Signs of Pickup’ Vs. ‘Flat’ — Vehicles Sales Drop Smaller As Supply Chain Constraints Alleviated By Max Sato (MaceNews) – Japanese retail sales posted a second straight year-on-year rise in November, with the pace of increase accelerating from October as fuel prices continued rising and people went […]
Japan Nov Core CPI Posts Solid Gain Amid Rising Energy, Processed Food Costs 
— Core, Total CPI Measures Mark 3rd Straight Y/Y Gains on Tight Supply — Core-Core CPI (Excluding Fresh Food, Energy) Down For 8th Month in A Row By Max Sato (MaceNews) – Consumer prices in Japan picked up their pace of year-on-year increase in November, led by rising utilities, fuels and processed food costs amid […]
Japan Govt Upgrades View: Economy Pickup Firmer As Covid Rules Ease
–Upward Revision 1st in 17 Months Since July 2020, when Covid Cases Ebbed–Govt Sees Consumption, Business Sentiment Firmer But Capex Pickup Pausing By Max Sato (MaceNews) – Japan’s government Tuesday upgraded its economic overview for the first time in 17 months in light of a steady improvement in consumer spending after the government eased its […]
BOJ Keeps Easing Stance, Tweaks Covid Funding Scheme Toward Small Firms
By Max Sato (MaceNews) – The Bank of Japan said Friday it is ending parts of its anti-Covid special financing program aimed at supporting large firms, whose financial conditions have improved, while extending its feature of helping hard-hit small businesses, particularly those in the service sector. As expected, the BOJ decided to maintain its interest […]
Japan Nov Exports Pick Up Pace on Eased Supply Delays, Reopening Demand
— Imports Surge on Rising Energy Costs, Leading to 4th Straight Trade Deficit By Max Sato (MaceNews) – The pace of year-on-year increase in Japanese exports picked up in November after slowing in October amid a recent improvement in parts supply from Southeast Asia but global transport bottlenecks and the spread of the Omicron coronavirus […]