Japan Data

  • 2019-08-18 21:46


    TOKYO (MNI) - Kazushige Kamiyama, a former representative of the Bank of Japan's New York branch, has been promoted as the bank's chief economist and director-general of the BOJ Research and Statistics Department, effective immediately.

    The Bank of Japan announced the appointment on Monday, along with that of Toshitaka Sekine, the former chief economist, who has been appointed as the head of the Institute for Monetary and Economic Studies, the BOJ thinktank.

    --MNI Tokyo Bureau; tel: +81 90-2175-0040; email: hiroshi.inoue@marketnews.com
    --MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com

    [TOPICS: MAJDS$,MMJBJ$,M$A$$$,M$J$$$]

  • 2019-08-12 21:15


    TOKYO (MNI) - Japan's corporate goods price index posted a second straight year-on-year drop in July, with the index falling to the lowest level since December 2016 when it was down 1.2% on year, data released by the Bank of Japan Tuesday showed.

    June's -0.1% was the first year-on-year drop in 30 months.

    A BOJ official said that the underlying trend of CGPI hasn't changed, although the index continues to be influenced by fluctuation of international commodity prices caused by the trade friction between the U.S. and China.

    He added that weak consumer goods prices (-1.6% on year in July vs.

  • 2019-08-08 20:24


    --Japan Q2 Real GDP +0.4% Q/Q; MNI Median +0.1%
    --Japan Q2 Real GDP +1.8% Annualized; MNI Median +0.5%
    --Japan Q2 GDP Posts 3rd Straight Rise
    --Japan Q2 Domestic Demand Contribution +0.7 PP
    --Japan Q2 Net Export Contribution -0.3 PP
    --Japan Q2 Public Investment +1.0% Q/Q, +0.0 Point Contribution
    --Japan Q1 Real GDP Revised to +0.7% Q/Q, +2.8% Annualized

    TOKYO (MNI) - Japan's economy posted a third straight quarter growth in the April-June period, up 0.4% q/q, or an annualized +1.8%, boosted by stronger private consumption and capital investment, preliminary GDP data released Friday by the Cabinet Office showed.

    Growth slowed slightly from Q1, which rose a revised 0.7% q/q, or an annualized 2.8%.

  • 2019-08-08 01:24


    --Japan July Econ Watchers Current Index 41.2; June 44.0
    --Japan July Watchers Current Index Posts 3rd Straight Drop
    --Japan July Watchers Outlook Index 44.3; June 45.8
    --Japan July Watchers Outlook Index Posts 1st Drop in 2 Months
    --Japan Govt Lowers View: Weakness seen in recovery

    TOKYO (MNI) - Japan's current sentiment index fell for a third consecutive month in July, weighed by items linked to households, such as retail sales and services, a key government survey released Thursday showed.

    The monthly 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 from the three months prior.

    These are th

  • 2019-08-05 20:23


    --Japan June Average Wages +0.4% Y/Y, 1st Rise in 6 Months; May -0.5%
    --Japan June Real Average Wages -0.5% Y/Y; 6th Straight Drop; May -1.3%
    --Japan June Base Wages +0.1% Y/Y, 1st Rise in 6 Months
    --Japan June Overtime Pay -0.2% Y/Y, 1st Drop in 2 Months
    --Japan June Bonuses, Other Special Pay +0.9% Y/Y, May -0.4%

    TOKYO (MNI) - Average wages in Japan rose 0.4% year-on-year in June, the first rise in six months following a 0.5% decline in May and real wages are still in negative territory, preliminary data released Tuesday by the Ministry of Health, Labour and Welfare showed.

    The key points from the Monthly Labour Survey:

    --Total monthly average cash earnings per regular employee in Japan rose 0.4% year-on-year to Y451,918 in June, the first rise in six months followi

  • 2019-07-08 20:11


    --Japan May Average Wages -0.2% Y/Y, 5th Straight Drop; Apr -0.3%
    --Japan May Real Average Wages -1.0% Y/Y; Apr -1.4%
    --Japan May Base Wages -0.6% Y/Y, 5th Straight Drop
    --Japan May Overtime Pay +0.8% Y/Y, 1st Rise in 6 Months
    --Japan May Bonuses, Other Special Pay +2.5% Y/Y, Apr -5.3%

    TOKYO (MNI) - Japan's average wages fell 0.2% on year in May, the fifth straight month showing a year-on-year drop following a 0.3% decline in April, with real wages also in negative territory, preliminary data released Tuesday by the Ministry of Health, Labour and Welfare showed.

    The key points from the Monthly Labour Survey:

    --Total monthly average cash earnings per regular employee in Japan fell 0.2% on year to Y275,597 in May, the fifth straight year-on-year drop following a 0.3% fa

  • 2019-07-08 01:51


    --Japan June Econ Watchers Current Index 44.0; May 44.1
    --Japan June Watchers Current Index Posts 2nd Straight Drop
    --Japan June Watchers Outlook Index 45.8; May 45.6
    --Japan June Watchers Outlook Index Posts 1st Rise in 5 Months
    --Japan Govt leaves View: Weakness seen in recovery

    TOKYO (MNI) - Japan's current sentiment index fell in June, a second straight drop, weighed by items linked to household and services, 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 from the three months prior.

    These are the key points from the latest monthly Econ

  • 2019-07-05 01:34


    TOKYO (MNI) - The Bank of Japan's supply-side Consumption Activity Index posted the first drop in two months, down a real 0.4% on a seasonally adjusted basis, following +1.7% (revised from +1.4%) in April, data released Friday showed.

    The BOJ's Consumption Activity Index is designed to forecast revised private consumption, not a preliminary estimate.

    The index for the April-May period rose 0.8% on quarter, accelerating from 0% in the first quarter.

    BOJ officials think the developments in the index are consistent with the latest assessment that "private consumption has been increasing moderately, albeit with fluctuations, against the background of steady improvement in the employment and income situation."

    However, they also judge that private consumption, whi

  • 2019-07-05 01:21


    --BOJ June Consumer Sentiment Diffusion Index Down 5.8 To -25.0

    TOKYO (MNI) - The Bank of Japan's quarterly consumer survey saw sentiment fall from three months ago, as judged by income, business conditions and economic data, the latest release showed.

    These are the key points from the survey, published Friday:

    --The BOJ's consumer sentiment diffusion index for the current climate fell 5.8 points to -25.0 in June, the fourth straight quarterly drop after falling 4.9 points to -19.2 in March.

  • 2019-07-03 01:16


    TOKYO (MNI) - Japan's estimated positive output gap narrowed to 1.30 percentage points in the January-March quarter, as supply tightened and demand firmed, down from 1.98pp in October-December, the Bank of Japan said Wednesday.

    --It was the 10th straight quarter with a positive output gap, which is expected to increase pressure on consumer prices and inflation expectations, albeit with a lag of a few quarters.

    --The BOJ's estimate of the output gap, based on capital and labour stocks, was wider than the Cabinet Office's latest estimate at 0.2pp, a figure based on revised Q1 GDP data of +0.6% on quarter, or an annualized rate of +2.2%, and following -0.1pp for the October-December period.

    --The BOJ also said that Japan's potential growth rate for the October 2018-Mar