Japan Data

  • 2020-07-08 01:27


    --Japan June Econ Watchers Current Index 38.8; May 15.5
    --Japan Govt Ups View: Improvement of Sentiment to continue

    TOKYO (MNI) - Japan's current sentiment index rose for the second straight month in June, boosted by a pick-up in eating and drinking services, retail sales and general services, a key government survey released Wednesday showed.

    The survey indicates whether respondents with jobs most sensitive to economic conditions -- taxi and truck drivers, department-store sales staff and restaurant and shop owners -- think economic conditions have improved or worsened over the last three months.

    These are the key points from the latest Economy Watchers Survey, conducted by the Cabinet Office between June 25 and June 30.

    --The Economy Watchers sentiment index for

  • 2020-07-01 02:03


    --Japan June Consumer Confidence Index 28.0 Vs May 24.0
    --Japan Govt Ups View: Remains Severe But Sign of Recovering

    TOKYO (MNI) - Japan's consumer confidence index rose for a second straight month in June to a seasonally adjusted 28.4 from 24.0 in May, the latest Consumer Confidence Survey published by the Cabinet Office showed Wednesday.

    --Consumers were more optimistic on all four key sentiment sectors; overall economic well-being, labor market condition, income conditions, and the next six months would be good time to buy durable goods.

    --The Cabinet Office upgraded its assessment from the previous month, saying consumer confidence remains severe but showed signs of recovering.

    --The sub-index on asset prices, not included in calculating overall consumer confid

  • 2020-06-30 20:48


    --Firms 1-Yr Infln Rate Outlook at 0.3%; 0.5% in March
    --Firms 3-Yr Infln Outlook 0.7%; 0.8% in Mar, 5-Yr Infln Rate 0.9% v 1.0%

    TOKYO (MNI) - The inflation outlook among Japanese companies fell from three months ago, indicating an expectation consumer prices will remain muted, the Bank of Japan's June Tankan survey released Wednesday showed.

    The survey was conducted from May 28 to June 30.

    The key points from the inflation outlook section of the Tankan follow.

    --On average, companies saw the pace of increase in consumer prices for one-, three- and five-years ahead lower than three months ago.

    --Firms on average expect the annual consumer inflation rate at 0.3% a year from now, down from 0.5% in March, a 0.7% rise three years out and a 0.9% rise five years ah

  • 2020-06-30 20:43


    TOKYO (MNI) - Japanese business sentiment worsened from three months ago, as expected, as uncertainties and lower corporate profits triggered by the spread of the coronavirus weighed on the outlook, the Bank of Japan's June Tankan Business Survey shows.

    But many firms, especially the larger ones, expect sentiment to improve three months ahead as economic activities restart as restrictions ease, the survey published Wednesday shows.

    The Tankan also showed capital investment plans by major and smaller firms were revised down and now sit below the historical averages.

    The key points from the survey:

    --The diffusion index for sentiment among major manufacturers stood at -34 in June, down from -8 in March, the sixth straight drop, now at the lowest level since June

  • 2020-06-29 20:56


    --May Jobless Rate At 2.9% Vs. 2.6% in April
    --May's 2.9% Highest Since February 2017

    TOKYO (MNI) - Japan's seasonally adjusted average unemployment rate rose to 2.9% in May from 2.6% in April, equivalent to the highest level since February 2017, according to data from the Ministry of Internal Affairs and Communications released on Tuesday.

    The number of employed rose 40,000 (+0.1%) m/m in May vs.

  • 2020-06-18 20:46


    TOKYO (MNI) - Japan's annual core consumer inflation rate has contracted for two months in a row, led by rapid falls in energy prices, according to data from the Ministry of International Affairs and Communication released on Friday.

    The key points from the latest CPI data:

    -- The national average core consumer price index (excluding fresh food) declined by 0.2% y/y in May for a second monthly fall after the same result in April. The result came in lower than MNI's projection of a 0.1% y/y decline.

  • 2020-06-09 21:07


    TOKYO (MNI) - Japan's corporate goods price index posted a third straight year-on-year decline in May, with the index falling to the lowest level since October 2016, data released by the Bank of Japan Wednesday showed.

    May's 2.7% y/y fall accelerated from a 2.4% decline in April and -0.4% in March and matched the 2.7% decline in Oct 2016.

    The drop was mainly caused by weaker prices for petroleum and coal products (down 36.7% y/y in May vs.

  • 2020-06-08 21:57


    --Japan Apr Average Wages -0.6% Y/Y; 1st Drop in 4 Months
    --Japan Apr Real Average Wages -0.7% Y/Y; 2nd Straight Drop

    TOKYO (MNI) - Average Japanese wages fell 0.6% y/y in April, recording a first drop in four months, with real wages remaining in negative territory, preliminary data released Tuesday by the Ministry of Health, Labour and Welfare showed.

    Here are the key points from the Monthly Labour Survey:

    --Total monthly average cash earnings per regular employee fell 0.6% y/y to Y275,022 in April, for a first drop in four months following a 0.1% rise in March.

    --In real terms, average wages fell 0.7% y/y in April, the second straight drop following a 0.3% decline in March.

  • 2020-06-08 01:20


    --Japan May Econ Watchers Current Index 15.5; April 7.9
    --Japan May Watchers Outlook Index 36.5; April 16.6
    --Japan Govt Ups View: Stops Worsening; Recover Expected

    TOKYO (MNI) - Japan's current sentiment index rose for the first time in four months in May, helped by a modest pick-up in eating and drinking services, retail sales and general services, although the overall reading remains at very depressed levels a key government survey released Monday showed.

    The survey indicates whether respondents with jobs most sensitive to economic conditions -- taxi and truck drivers, department-store sales staff and restaurant and shop owners -- think economic conditions have improved or worsened over the last three months.

    These are the key points from the latest Economy Watchers

  • 2020-06-07 21:25


    TOKYO (MNI) - Strong demand as the coronavirus impact spreads saw loans by major, regional and 'shinkin' banks rise 4.8% y/y in May, accelerating from a 2.9% gain in April and marking a record high, data released by the Bank of Japan showed on Monday.

    Loans by city banks also posted a record high of 6.6% y/y in May (vs. +3.4% in April), while loans by regional banks rose 3.8% y/y in May (vs. +2.9% in April).

    The BOJ and the government have been facilitating coronavirus-hit company financing.