Japan December Exports Continue Rising on Reopening Demand, Car Supply Pickup
— Import Gain Remains High on Energy, Leading to 5th Straight Trade Deficit By Max Sato (MaceNews) – Japanese exports rose from a year earlier for the 10th straight month in December, thanks to reopening demand for iron and steel and electronic parts as well as easing supply constraints for the auto industry, data released […]
BofA Global Research Fund Manager Survey: Global Investors Expect Above-Trend Growth, Inflation Peak in 2022
–Hawkish Central Bank Hikes Still Biggest ‘Tail Risk’ By Vicki Schmelzer NEW YORK (MaceNews) – Global investors polled at the start of 2022 looked for above-trend growth and an inflation peak in the coming year, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. In January, a net 1% of […]
Japan Government Keeps Economic Pickup View After December Upgrade
— Consumers Brave Omicron Scare in Year-End, New Year Leisure Season — Production Improving on Easing Supply Constraints By Max Sato (MaceNews) – Japan’s government Tuesday maintained its economic overview after upgrading it last month for the first time in 17 months, saying consumer spending is picking up — despite rising Covid cases — and […]
BOJ Keeps Easing Stance, Sees Clearer Economic Pickup, Slight CPI Uptick
— BOJ Revises Down FY21 GDP Forecast, Upgrades FY22 Growth View — BOJ Board’s CPI Outlook for FY22, FY23 Revised Up Slightly to Just Above 1% — BOJ Vows to Continue Monetary Support Until 2% Inflation Target Achieved By Max Sato (MaceNews) – The Bank of Japan said Tuesday it is maintaining its interest rate […]
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 […]