Japan Data Response Industrial Production (Dec.) Industrial production recorded another marked rise last quarter which suggests that GDP growth remained strong. However, the outlook for the coming months is less rosy. 31st January 2018 · 1 min read
Japan Data Response Labour Market & Consumer Spending (Dec.) While the jobless rate edged up in December, the continued rise in job vacancies suggest it will fall to fresh lows before long. Meanwhile, consumer spending should have rebounded last quarter even... 30th January 2018 · 1 min read
Japan Data Response Consumer Prices (Dec.) Inflation excluding fresh food remained close to 1% in December. But with wage growth still sluggish and the tailwind from higher energy prices set to fade, inflation won’t rise any further. 26th January 2018 · 1 min read
Japan Data Response Flash Manufacturing PMI (Jan.) The manufacturing PMI climbed to a four-year high in January and suggests that the economic expansion remained vigorous at the start of this year. 24th January 2018 · 1 min read
Japan Data Response External Trade (Dec.) While import volumes outpaced export volumes in December, we still think that net exports supported GDP growth last quarter. 24th January 2018 · 1 min read
Japan Data Response Machinery Orders (Nov.) Machinery orders were the highest in almost a decade in November which suggests that the expansion in business investment continued last quarter. 17th January 2018 · 1 min read
Japan Data Response Economy Watchers Survey (Dec.) The Economy Watchers Survey remained strong in December despite a small decline. The survey suggests that consumer spending and employment will continue growing at rates comparable to those seen over... 12th January 2018 · 1 min read
Japan Data Response Consumer Confidence (Dec.) Households remained in high spirits in December which suggests that Q3’s drop in consumer spending wasn’t repeated last quarter. 9th January 2018 · 1 min read
Japan Data Response Labour Cash Earnings (Nov.) Regular earnings probably rose at the fastest pace in two decades last year. Yet the pace of improvement remains woefully slow so the Bank of Japan’s 2% inflation target remains out of reach. 9th January 2018 · 1 min read
Japan Data Response External Trade (Nov.) Export volumes continued to grow faster than import volumes last month which suggests that net trade continued to support growth in the current quarter. 18th December 2017 · 1 min read
Japan Data Response Tankan (Q4) Today’s Tankan survey showed that business conditions didn’t improve much further this quarter which suggests that growth is now slowing. Nonetheless, capacity and staff shortages continue to... 15th December 2017 · 1 min read
Japan Data Response Flash Manufacturing PMI (Dec.) The manufacturing PMI was the highest in nearly four years in December as external demand continues to improve. However, price pressures are only strengthening slowly. 14th December 2017 · 1 min read
Japan Data Response Machinery Orders (Oct.) The rebound in machinery orders left them no higher than their Q3 average, but we’ve still pencilled in another rise in business investment this quarter. 13th December 2017 · 1 min read
Japan Data Response Economy Watchers Survey (Nov.) The surge in the Economy Watchers Survey is yet another sign that the drop in consumer spending last quarter was just a blip. The survey suggests that job growth will pick up further and that... 8th December 2017 · 1 min read
Japan Data Response Labour Cash Earnings (Oct.) Regular earnings are now growing a touch faster than productivity which suggests that firms may have to start raising prices before long. Nonetheless, there is still a long way to reach the Bank of... 8th December 2017 · 1 min read
Japan Data Response GDP (Q3 Revised) Revised data show that growth was stronger last quarter than initially estimated. However, the economy is running into capacity constraints and firms face increasingly severe staff shortages. The... 8th December 2017 · 1 min read
