Japan Rapid Response Tankan (Q4 2024) The mediocre increase in business conditions across all firm sizes in the latest Tankan suggests that the activity is unlikely to rebound meaningfully this quarter, following a slowdown in Q3. The... 13th December 2024 · 2 mins read
Japan Rapid Response Japan Labour Cash Earnings (October 24) Base pay rose the most since 1992 in October and we think it will continue to hold strong through to the end of next year 5th December 2024 · 2 mins read
Japan Rapid Response Japan Industrial Production & Retail Sales (Oct. 24) While industrial production and retail sales both rose in October, the figures are consistent with output stagnating at best this quarter 28th November 2024 · 2 mins read
Japan Rapid Response Japan Labour Market (Oct. 2024) & Tokyo CPI (Nov. 2024) The Tokyo CPI suggests that inflation excluding fresh food and energy rose further above the Bank of Japan’s 2% target in November, supporting our long-held view that the Bank will hike rates in... 28th November 2024 · 2 mins read
Japan Rapid Response Japan Consumer Prices (Oct. 24) The slowdown in headline inflation in October was due to base effects from utilities prices. With underlying inflation climbing further above the Bank’s 2% target, the case for another rate hike next... 21st November 2024 · 2 mins read
Japan Rapid Response Japan Flash PMIs (Nov. 24) The renewed rise in the composite PMI supports our view that activity will continue to expand at a robust pace in the remainder of this year. Today’s flash estimate showed that the manufacturing PMI... 21st November 2024 · 2 mins read
Japan Rapid Response Japan GDP (Q3 24 Preliminary) The economy lost momentum in the third quarter and we think that GDP growth will remain around trend over the coming quarters 14th November 2024 · 2 mins read
Japan Rapid Response Japan Industrial Production & Retail Sales (Sep. 24) 30th October 2024 · 2 mins read
Japan Rapid Response Japan Flash PMIs (Oct. 24) The sharp fall in the composite PMI to a 2-year low supports our view that the strong rebound in activity that started in Q2 will be more muted across the second half of the year. Today’s flash... 23rd October 2024 · 1 min read
Japan Rapid Response Japan Consumer Prices (Sep. 24) While the resumption of electricity subsidies resulted in a plunge in headline inflation in September, inflation excluding fresh food and energy rose to a three-month high and should remain around 2%... 18th October 2024 · 2 mins read
Japan Rapid Response Japan Labour Cash Earnings (August 24) Base pay rose the most since 1992 in August and we think it will continue to surge in the coming months. According to today’s preliminary estimate, labour cash earnings rose by 3.0 y/y in August. That... 7th October 2024 · 2 mins read
Japan Rapid Response Tankan (Q3 2024) The slight rise in business conditions across all firm sizes in the latest Tankan suggests that the robust rebound in activity in Q2 will continue into Q3. The Tankan’s headline index of business... 30th September 2024 · 2 mins read
Japan Rapid Response Japan Industrial Production & Retail Sales (Aug. 24) 30th September 2024 · 2 mins read
