Japan May Core CPI Posts 1st Y/Y Rise in 14 Months on Energy Pickup
By Max Sato –Lower Mobile Data Fees at Govt Request To Weigh on CPI for Now–Drop in Total CPI Eases on Smaller Fall in Fresh Food Prices (MaceNews) – Japan’s core consumer price index edged up on the month to mark its first year-on-year gain in 14 months as higher energy costs continued to offset […]
Japan May Exports Continue Surging From Pandemic-Caused 2020 Slump
–Imports Also Jump on Higher Energy Costs, Leading To Trade Deficit By Max Sato (MaceNews) – Japanese exports posted a third straight month of a double-digit percentage surge from a year earlier in May, largely in reaction to pandemic-triggered sharp declines from March to August last year, particularly in the second quarter, data released Wednesday […]
Japan Q1 GDP Drop Smaller Than Initially Estimated on Capex, Govt Spending
By Max Sato (MaceNews) – Japan’s economy marked the first quarter-on-quarter contraction in three quarters in January-March, but the decline was slower than previously reported as the drops in business and government investment were slightly smaller than initially estimated, Cabinet Office data released Tuesday showed. In revised Q1 GDP data, consumer spending was revised down […]
Japan April Household Spending Surges Y/Y on Base Effect from 2020 Slump
— April Expenditures Nearly Flat M/M Amid State of Emergency — Japan Govt: Need Close Watch As Pandemic Affects Some Spending By Max Sato (MaceNews) – Japan’s household spending jumped from a year earlier in April, largely in reaction to the pandemic-caused slump seen a year earlier, data released Friday by the Ministry of Internal […]
Japan April Factory Output Rises To Pre-Pandemic Level on Capex Demand
— Japan’s METI Keeps View Output Picking Up Despite Fluctuations By Max Sato (MaceNews) – Japan’s industrial production marked the second monthly straight rise in April, recovering to the pre-pandemic level, as solid demand for capital investment in chip-making equipment among others more than offset automobile output cutbacks caused by semiconductor shortages, data released Monday […]
Japan April Factory Output Rises To Pre-Pandemic Level on Capex Demand
— Japan’s METI Keeps View Output Picking Up Despite Fluctuations By Max Sato (MaceNews) – Japan’s industrial production marked the second straight rise in April, recovering to the pre-pandemic level, as solid demand for capital investment in chip-making equipment among others more than offset automobile output cutbacks caused by global semiconductor shortages, data released Monday […]
Japan Government Downgrades View on Economy As Q1 Consumption Slumps
— Japan Sees Overseas Economies Picking Up; Upgrades Britain, Others By Max Sato (MaceNews) – Japan’s government Wednesday downgraded its view on the domestic economy for the first time in three months, saying the weakness in some spots is more pronounced while the economy stays on course toward a recovery from pandemic-caused slump, according to […]
Japan April Core CPI Drop Limited; Higher Energy Eases Mobile Fee Slump
– Hotel Fees Up After Government Ended Subsidies For Travel in December – Private University Tuitions Up As Base Effect of Subsidies Wanes – Smaller Drop in Auto Insurance Premiums Also Ease Core CPI Drop By Max Sato (MaceNews) – Japan’s core consumer price index posted only a slight drop on year in April, as […]
Japan April Exports Surge on Global Auto, Chip Demand
– Recent High Pace of Export Growth Also in Reaction to 2020 COVID Slump – Imports Also Show Sharp Rise As Energy Prices Recover By Max Sato (MaceNews) – Japanese exports posted the second straight month of a double-digit percentage increase from a year earlier, when the initial shock of coronavirus infections swept through the […]
Japan March Machine Orders Post Slight Rebound; Q2 Seen Up After Q1 Drop
By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, rebounded slightly in March amid the uncertain global economic outlook, data released Thursday by the Cabinet Office showed. Orders from manufacturers continued to fall while those from non-manufacturers rose. The key points from machinery orders data: * Core […]