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 […]
Japan’s Consumer Sentiment Picks Up Amid Pandemic Uncertainty
By Max Sato (MaceNews) – The latest surveys by the government and the Bank of Japan point to some optimism about a recovery from the pandemic that has choked global growth for about a year, but the spread of coronavirus variants amid the slow rollout of vaccinations is clouding the outlook. The monthly Economy Watchers […]
Japan Feb Factory Output Slips; Carmakers Hit by Global Chip Shortage
By Max Sato — Japan’s METI Says Feb. 13 Quake Also Delayed Auto Parts Supply (MaceNews) – Japan’s industrial production posted the first drop in two months after a sharp rebound in January, as global semiconductor shortages had prompted carmakers to trim output, preliminary data released Wednesday by the Ministry of Economy, Trade and Industry […]
Japan Govt Keeps View on Gradual Economic Pickup; Exports Slower
By Max Sato (MaceNews) – Japan’s government Tuesday maintained its overview on the domestic economy, which has been gradually moving out of the pandemic-caused slump, while noting exports were losing some steam, according to its monthly report released by the Cabinet Office. The government said “signs of a pickup remain in place, although there is […]
ANALYSIS: Japan Eases Pandemic Rules, Risking Resurgence Amid Flat Approval Ratings
By Max Sato (MaceNews) – Japan’s government has eased some restrictions on economic activity, risking a renewed upswing in coronavirus cases, as it seeks to fight the pandemic and support a recovery from last year’s slump at the same time. Ahead of general elections sometime this year, Prime Minister Yoshihide Suga faces sluggish approval ratings […]