Japan Data Response External trade (Sep.) The trade balance was little changed in September despite a plunge in import prices. The upshot is that net trade remained a drag on GDP growth in Q3. 21st October 2015 · 1 min read
Japan Data Response Consumer Confidence (Sep.) While consumer sentiment deteriorated in September, the Bank of Japan will welcome that household inflation expectations did not weaken further. 13th October 2015 · 1 min read
Japan Data Response Economy Watchers Survey (Sep.) Today’s Economy Watchers Survey supports other evidence that the economic recovery has run out of steam. 8th October 2015 · 1 min read
Japan Data Response Machinery Orders (Aug.) The third straight fall in machinery orders in August all but confirmed that non-residential investment contracted yet again in the third quarter. 8th October 2015 · 1 min read
Japan Data Response Labour Cash Earnings (Aug.) Wage growth slowed in August as the summer bonus season came to an end, underlining that the tight labour market has yet to generate noticeable cost pressures. 5th October 2015 · 1 min read
Japan Data Response Unemployment & Household Spending (Aug.) The renewed rise in “core” household spending in August suggests that private consumption rebounded last quarter. But we still expect GDP to shrink as a result of falling investment and net exports. 2nd October 2015 · 1 min read
Japan Data Response Tankan (Q3) While today’s Tankan was not as bad as most had feared, it nonetheless corroborates other signs that Japan’s economic recovery has ground to a halt. 1st October 2015 · 1 min read
Japan Data Response Industrial Production & Retail Sales (Aug.) The second consecutive drop in industrial production in August suggests that Japan’s economy shrank yet again in the quarter that ends today. Additional easing by the Bank of Japan next month looks... 30th September 2015 · 1 min read
Japan Data Response Small Business Confidence (Sep.) Despite a slight rebound in September, small business confidence still points to tepid gains in industrial output, and the moderation in price pressures is worrying. However, the Bank of Japan will... 29th September 2015 · 1 min read
Japan Data Response Consumer Prices (Aug.) While the Bank of Japan’s preferred inflation gauge turned negative last month, the rebound in “core-core” inflation bolsters policymakers’ upbeat outlook. But with the economy struggling to return to... 25th September 2015 · 1 min read
Japan Data Response Flash Manufacturing PMI (Sep.) Today’s flash PMI suggests that activity in the manufacturing sector remained healthy in September. But the sharp slowdown in external demand and a moderation in price pressures are worrying. 24th September 2015 · 1 min read
Japan Data Response External trade (Aug.) Today’s trade data suggest that net trade remained a drag on GDP growth in Q3. 17th September 2015 · 1 min read
Japan Data Response Machinery Orders (Jul.) The renewed decline in machinery orders in July suggests that business investment may fall yet again this quarter. 10th September 2015 · 1 min read
Japan Data Response Consumer Confidence (Aug.) While consumer confidence recovered in August, the moderation in households’ price expectations provides another reason for the Bank of Japan to step up the pace of easing. 9th September 2015 · 1 min read
Japan Data Response Economy Watchers Survey (Aug.) Today’s Economy Watchers Survey (EWS) suggests that the economy is still struggling to recover from Q2’s slump. 8th September 2015 · 1 min read
Japan Data Response GDP (Q2 Revised) & Current Account (Jul.) While the economy shrank by slightly less last quarter than initially estimated, the first data for Q3 suggest that a rapid recovery in the second half of the year is not on the cards. 8th September 2015 · 1 min read
