Japan Govt Sees Economic Pickup With Soft Spots Amid Pandemic Fears
By Max Sato (MaceNews) – Japan’s government Thursday maintained its view on the domestic economy, which is at a delicate stage of crawling out of the pandemic-caused slowdown, with a mixed picture of sluggish consumption against solid production and exports, according to its monthly report released by the Cabinet Office. The government said “signs of […]
BOJ Keeps Easing Stance; Extends Special COVID-19 Fund Ops Until March 2022
–BOJ To Start New Funding Scheme To Help Address Climate Change By Max Sato (MaceNews) – The Bank of Japan said Friday it is maintaining its policy stance, as expected, vowing to defend the economy from the lingering impact of the pandemic. The bank will also extend the term of its special COVID-19 fund-supplying operations […]
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 […]