Japan Jan Factory Output Rebounds But Pullback Forecast For Feb/Mar
– Shipments Also Rebound, Inventories Dip, Reflecting Solid Demand – METI: Limited Impact of Govt’s Request for Restricted Economic Activity By Max Sato (MaceNews) – Japan’s industrial production rebounded in January, marking the first rise in three months, reflecting solid domestic and overseas demand despite the pandemic, preliminary data released Friday by the Ministry of […]
Japan Government Downgrades View: Economy Picking Up, But ‘Weakness in Some Areas’
— Consumption Slower Amid Pandemic While Capex Playing Catchup — Japan Sees Pickup in Global Demand, Upgrading Views on S. Korea, Indonesia By Max Sato (MaceNews) – Japan’s government Friday downgraded its overview on the domestic economy for the first time since last April, when the first wave of COVID-19 infections prompted shorter business hours […]
Japan Jan CPI Y/Y Drop Shrinks on Suspended Travel Discounts Amid Pandemic
— Lower Energy Costs Remain Key Factor Behind Weak Consumer Prices By Max Sato (MaceNews) – The energy-led downtrend in Japanese consumer prices eased substantially in January as the government suspended discounts on leisure traveling amid surging new coronavirus cases, data from the Ministry of Internal Affairs and Communication released Friday showed. The improvement was […]
Japan Jan Exports Mark 2nd Straight Y/Y Rise on Global Silicon Cycle Uptrend
–Pre-Lunar Holiday Rush Shipments Also Supported Higher Export Growth —Japanese Carmakers Plan To Trim Output Amid Semiconductor Shortages By Max Sato (MaceNews) – Japanese exports posted the second straight year-on-year increase in January, reflecting the recent recovery trend in global demand for semiconductors, but the faster pace of increase from December was also due to […]
JAPAN DEC HOUSEHOLD SPENDING SLIPS Y/Y BUT OCT-DEC GAIN POINTS TO Q4 GDP GROWTH
By Max Sato (MaceNews) – Japan’s household spending in December suffered the first year-on-year drop in three months, albeit modest, as more people turned cautious about eating out and traveling outside their areas, data released Friday by the Ministry of Internal Affairs and Communications showed. But the key indicator of private consumption marked the second […]
JAPAN JAN TOKYO CPI DROP EASES AS GOVT SUSPENDS HOTEL DISCOUNTS AMID SURGING COVID-19 CASES
— Lower energy prices remain key factor behind y/y fall in CPI By Max Sato (MaceNews) – Consumer prices in Tokyo, a leading indicator of the national average, made an unexpectedly large month-on-month rebound in January, as the government suspended discounts on leisure traveling amid surging new coronavirus cases, data from the Ministry of Internal […]
JAPAN GOVT SEES CONTINUED ECONOMIC PICKUP AMID MIXED DATA, UPGRADES VIEW ON CHINA
By Max Sato (MaceNews) – Japan’s government Friday stuck to its recent assessment that the domestic economy is showing signs of a pickup from the pandemic-caused slump, pointing to a mixed bag of data – more cautious consumer spending against brighter spots in business investment and housing construction, according to its monthly report released by […]
JAPAN NOV HOUSEHOLD SPENDING POSTS MODEST RISE ON YEAR BUT SLIPS FROM OCT AMID PANDEMIC FEARS
By Max Sato (MaceNews) – Japan’s household spending in November posted a modest rise from a year earlier, up for the second straight month, as the effects of a sales tax hike in October 2019 had faded, but consumption marked the first month-on-month decline in four months in light of rising new cases of the […]
JAPAN GOVT SEES PANDEMIC-CAUSED SOFT SPOTS IN SPENDING, DOWNGRADES VIEW ON EUROPE
By Max Sato (MaceNews) – Japan’s government Tuesday warned that consumer spending, which accounts for over half of domestic output, is showing soft spots despite its overall improvement from the pandemic-caused slump, according to its monthly report released by the Cabinet Office. While noting increasing export volumes, particularly of automobiles and semiconductor-producing equipment, the government […]
JAPAN NOV CPI DROP DEEPER ON WEAKER ENERGY, GOVT-FINANCED HOTEL DISCOUNTS EASE AMID COVID SPIKE
By Max Sato (MaceNews) – Japanese consumer prices posted a sharper drop in November as energy costs continued falling but a spike in coronavirus cases later in the month appeared to have slowed the use of hefty government-financed discounts on hotel and transport charges, data from the Ministry of Internal Affairs and Communication released Friday […]