Japan Data Response Small Business Confidence (Aug) Small business confidence was little changed in August and points to small gains in industrial production. But despite mounting capacity shortages, price pressures remain contained . 30th August 2017 · 1 min read
Japan Data Response Retail Sales (Jul.) Despite the continued fall in “core” household spending, the jump in retail sales in July suggests that consumer spending continued to expand at a strong pace in Q3. 30th August 2017 · 1 min read
Japan Data Response Unemployment & Household Spending (Jul.) We wouldn’t read too much into July’s slowdown in household spending as the data tend to understate private consumption. Meanwhile, strong job growth is lifting household incomes and providing a... 29th August 2017 · 1 min read
Japan Data Response Consumer Prices (Jul.) A rebound in energy inflation helped to lift headline inflation to fresh highs in July. But with the peak in energy inflation nearing and underlying price pressures still subdued, we expect inflation... 25th August 2017 · 1 min read
Japan Data Response External trade (Jul.) The recent acceleration in export values reflects a surge in export prices rather than stronger volumes. Nonetheless, export volumes will probably outpace import volumes this year so net exports will... 17th August 2017 · 1 min read
Japan Data Response GDP (Q2 Preliminary) Japan’s economy recorded the sixth consecutive quarterly rise in GDP and is on track for the longest expansion since the turn of the century. However, we expect price pressures to strengthen only... 14th August 2017 · 1 min read
Japan Data Response Machinery Orders (Jun.) Machinery orders fell yet again in June and recorded the sharpest drop in a year last quarter. The key point though is that orders have become less reliable as a guide to business investment. 10th August 2017 · 1 min read
Japan Data Response Economy Watchers Survey (Jul.) Despite a drop in July, the Economy Watchers Survey still points to solid gains in consumer spending. 8th August 2017 · 1 min read
Japan Data Response Labour Cash Earnings (Jun.) The main reason for the fall in labour cash earnings in June was a slump in summer bonuses. What’s more, a renewed slowdown in working hours lowered base pay. But the surge in part-time pay suggests... 4th August 2017 · 1 min read
Japan Data Response Consumer Confidence (Jul.) Consumer confidence rebounded in July and suggests that private consumption will continue to recover. 2nd August 2017 · 1 min read
Japan Data Response Industrial Production (Jun.) Industrial production rose by nearly 2% last quarter which suggests that GDP growth accelerated. The outlook for the third quarter is positive. 31st July 2017 · 1 min read
Japan Data Response Consumer Spending, Labour Market & Inflation (Jun.) The rebound in retail sales and “core” household spending in June suggests that consumer spending rose at a solid pace last quarter. Meanwhile, inflation remains very low despite the continued... 28th July 2017 · 1 min read
Japan Data Response Small Business Confidence (Jul.) Small business confidence was little changed in July and still points to solid gains in industrial production. But even though firms continue to report severe staff shortages, the survey suggests that... 26th July 2017 · 1 min read
Japan Data Response Flash Manufacturing PMI (Jul.) The second consecutive drop in the output index of the manufacturing PMI suggests that the sector is slowing. But the survey still points to faster increases in consumer prices. 24th July 2017 · 1 min read
Japan Data Response External trade (Jun.) Export volumes probably fell slightly in Q2 while import volumes rose sharply so net trade turned into a drag on GDP growth. However, strong gains in industrial production still point to another solid... 20th July 2017 · 1 min read
Japan Data Response Economy Watchers Survey (Jun.) The Economy Watchers Survey continued to improve in June and points to strong gains in consumer spending. 10th July 2017 · 1 min read
