Japan Data Response Japan Flash PMIs (Sep. 2022) September’s flash PMIs indicate yet another slowdown in the manufacturing sector, while services appear to be recovering from the recent record virus wave. 26th September 2022 · 2 mins read
Japan Data Response Japan Consumer Prices (Aug. 2022) Headline inflation jumped in August to yet another three-decade high and it still has a stretch higher to climb. That said, the Bank of Japan will remain steadfast in maintaining its ultra-easy... 20th September 2022 · 2 mins read
Japan Data Response Japan External Trade (Aug. 2022) Japan’s trade deficit widened to yet another record high in August, but the peak shouldn’t be far away now. Commodity prices continue to ease, and the yen should end the year stronger than its current... 15th September 2022 · 2 mins read
Japan Data Response Japan Machinery Orders (Jul. 2022) Although the surge in “core” machinery orders in July was driven by a handful of non-manufacturing sectors, the result still points to strong non-residential investment growth this quarter, chiming... 14th September 2022 · 2 mins read
Japan Data Response Japan Economy Watchers Survey (Aug. 2022) The muted uptick in current readings in August’s Economy Watchers Survey indicates that the economy was still weighed down by the record Covid-19 wave last month, while buoyant outlook readings point... 8th September 2022 · 2 mins read
Japan Data Response Japan Labour Cash Earnings (Jul. 22) Labour cash earnings growth weakened slightly in July as growth in bonuses slowed and further moderation is in store from August with the end of the summer bonus season. 6th September 2022 · 2 mins read
Japan Data Response Capital Spending (Q2 2022) The smaller increase in capital spending reported in today’s “Financial Statements Statistics of Corporations” means that Q2 GDP will likely be revised downward slightly in next week’s second estimate... 1st September 2022 · 2 mins read
Japan Data Response Retail Sales & Industrial Production (July 22) Industrial production rose at a solid pace in July whereas most of the rise in retail sales values reflected soaring prices. While the manufacturing sector should bounce back this quarter, services... 31st August 2022 · 2 mins read
Japan Data Response Labour Market (July 22) The unemployment rate stayed unchanged in July and we do not see much room for further tightening in the labour market in 2022. 30th August 2022 · 2 mins read
Japan Data Response Japan Flash PMIs (Aug. 2022) August’s PMIs indicate a further slowdown in the manufacturing sector as demand slumped even further, while services continue to bear the brunt from the record Covid-19 wave. 23rd August 2022 · 2 mins read
Japan Data Response Japan Consumer Prices (Jul. 2022) Headline inflation was the highest since 1991 in July and we think it still has higher to climb. But this will not make the Bank of Japan budge on its ultra-easy monetary policy. 19th August 2022 · 2 mins read
Japan Data Response Japan External Trade (Jul. 2022) Japan’s trade deficit widened to a record high in July but it should start to shrink over the coming months as supply shortages and commodity prices continue to ease. 17th August 2022 · 2 mins read
Japan Data Response Japan GDP (Q2 2022 Preliminary) Japan’s economy grew in Q2 driven mainly by private consumption, though the overall figure disappointed mainly due to fluctuations in stockbuilding that won’t last. The recovery should persist through... 15th August 2022 · 2 mins read
Japan Data Response Japan Labour Cash Earnings (Jun. 22) The jump in wage growth in June was mostly driven by a surge in summer bonus payments and the Bank of Japan’s 3% wage growth target will remain out of reach for a while yet. More positively, the... 5th August 2022 · 2 mins read
Japan Data Response Activity, Labour Market & Tokyo CPI (June 22) While industrial output bounced back strongly in June, the recovery in the labour market is stalling and consumer spending is faltering. One reason is that rising consumer prices are weighing on... 29th July 2022 · 4 mins read
Japan Data Response Japan Flash PMIs (Jul. 2022) July’s PMIs suggest that the manufacturing sector is slowing as demand weakens, while the latest Covid-19 is starting to hit the services sector. 22nd July 2022 · 2 mins read
