Japan Govt Repeats Economic Pickup Intact, Led by Global Recovery
By Max Sato — Govt Warns of Risk Posed by Southeast Asian Lockdowns on Supply Chains (MaceNews) – Japan’s government Thursday repeated that the economy is still headed for recovery after the Q2 GDP data showed unexpectedly resilient consumer spending and a rebound in business investment, but warned about the downside risk posed by a […]
Japan June Core CPI Up Slightly for 2nd Straight Month on Higher Energy Costs
— Total CPI Marks 1st Y/Y Rise in 10 Months on Energy, Processed Food— Mobile Phone Fee Discounts in April Remain A Damper on CPI for Now By Max Sato (MaceNews) – Japan’s core consumer prices continued showing a modest gain in June in light of recovering overall energy costs, although gasoline prices posted a […]
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 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 May Tokyo CPI Posts Slight Drop on Lower Mobile User Fees
— Recovering Gasoline Prices Easing Overall Price Fall By Max Sato (MaceNews) – Consumer prices in Tokyo, a leading indicator of the national average, continued posting a slight year-on-year drop in the core reading in May as the effect of firmer energy costs was more than offset by the downward pressure from lower mobile communications […]
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 Mar Factory Output Rebounds on Limited Chip Shortage Impact
By Max Sato –METI: Producers See Capex Demand to Lead April Output (MaceNews) – Japan’s industrial production unexpectedly rebounded in March as the impact of semiconductor shortages was limited and the drag from a quake-triggered supply chain constraint eased, preliminary data released Friday by the Ministry of Economy, Trade and Industry showed. In the near-term, […]
Japan Mar CPI Drop Eases Further on Higher Gasoline Prices
By Max Sato –Hotel Fees Stop Falling Without Subsidized Discounts (MaceNews) – The recent pickup in energy markets eased downward pressure on Japanese consumer prices in March, data from the Ministry of Internal Affairs and Communication released Friday showed, but the outlook for growth and inflation remains uncertain amid a renewed spike in coronavirus infections […]
Japan Govt Keeps View on Economic Pickup Despite Surging Pandemic Cases
– Japan Sees Firmer U.S. Economic Recovery Due To Stimulus Package By Max Sato (MaceNews) – Japan’s government Thursday maintained its view that the domestic economy is moving toward a recovery despite a resurgence of coronavirus infections in many regions, according to its monthly report released by the Cabinet Office. The government said, “signs of […]
Japan Feb Machine Orders Unexpectedly Down for 2nd Straight Month
— Govt Downgrades View: Pickup in Machinery Orders Is Marking Time By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, surprisingly slumped in February, confirming some sectors are still cautious about replacing or upgrading capacity, data released Wednesday by the Cabinet Office showed. Earlier this month, the […]